CTech: BigID reaches unicorn status after raising $70 million series D

BigID Inc., which develops online privacy protection tools announced on Wednesday that it has completed a $70 million series D financing round at a valuation of upwards of a billion dollars. The latest round was led by Salesforce Ventures and Tiger Global with participation by Glynn Capital and existing backers Scale Venture Partners, Bessemer Venture Partners, and Boldstart Ventures. The deal included primary and secondary share purchases.

This is the company’s third financing round in slightly over a year, after its series C round was doubled within four months, bringing its total capital raised to $220 million.