INSUBCONTINENT EXCLUSIVE:
Every startup needs a little skill and a little luck
BigID, a NYC-based data governance solution has been blessed with both
The company, which helps customers identify sensitive data in big data stores, launched at just about the same time that the EU announced
the GDPR data privacy regulations
that actually solves a problem and BigID appears to meet that criteria
In fact, he says some customers have hundreds of millions of users, but their unique advantage is having built the solution more recently
That provides a modern architecture that can scale to meet these big data requirements, while identifying the data that requires your
[Today] we are seeing a secular change
It is the responsibility of the data owner to identify and protect the personal data under their purview under the GDPR rules, and that
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GDPR is a set of data privacy regulations that are set to take effect in the European Union
Companies have to comply with these rules or could face stiff fines
The thing is GDPR could be just the beginning
The company is seeing similar data privacy regulations in Canada, Australia, China and Japan
Something akin go this could also be coming to the United States after Facebook CEO, Mark Zuckerberg appeared before Congress earlier this
At the very least we could see state-level privacy laws in the US, Sirota said.Sirota says there are challenges getting funded as a NYC
Ed Sim from Boldstart [A New York City early stage VC firm that invests in enterprise startups] has helped educate through investment and
It scored the bulk of that in a $14 million round at the end of January
recognition of the work they are doing around GDPR.
