BigID announces $50M Series C investment as privacy takes center stage

INSUBCONTINENT EXCLUSIVE:
It turns out GDPR was just the tip of the privacy iceberg
taking privacy seriously, which means companies have to as well
New York-startup BigID, which has been developing a privacy platform for the last several years, finds itself in a good position to help
Today, the company announced a $50 million Series C.The round was led by Bessemer Venture Partners with help from SAP.io Fund, Comcast
Ventures, Boldstart Ventures, Scale Venture Partners and ClearSky
New investor Salesforce Ventures also participated
announcing the formation of a platform of sorts, which will offer a set of privacy services for customers
It includes data discovery, classification and correlation
enables customers to see connections in the data across a set of disparate data sources
hundreds of petabytes, and pick out the data in Salesforce, Workday, AWS, mainframe, and all these places you could have data on [an
venture capitalists who are investing in the company
and his company providing the means to navigate the changing landscape
Starting in January 2018, it raised $14 million
Sirota says having money in the bank and seeing these investments helps give enterprise customers confidence that the company is in this for
and new capabilities.Sirota will be appearing at TechCrunch Sessions: Enterprise on September 5th at 11 am on the panel, Cracking the Code:
From Startup to Scaleup in Enterprise Software.