Founded in 2016, BigID arrived just as the European Union (EU) was gearing up to launch its new GDPR data privacy regulations, which went into effect last month. In a nutshell, BigID’s software uses machine learning to automate the process by which companies can find sensitive data held on their servers and databases to reduce the risk of breaches and ensure that they are complying with data protection regulations. For larger companies that may hold vast swathes of data on hundreds of millions of customers, BigID makes it easier to uncover “dark” or otherwise uncatalogued data and correlate it to an identity automatically.
Venturebeat: BigID raises $30 million to grow its automated data privacy management platform for enterprises.
