INSUBCONTINENT EXCLUSIVE:
Securiti.ai, a San Jose startup, is working to bring a modern twist to data governance and security
Today the company announced a $50 million Series B led by General Catalyst, with participation from Mayfield.The company, which only
launched in 2019, reports it has already raised $81 million
What is attracting all of this investment in such a short period of time is that the company is going after a problem that is an increasing
pain point for companies all over the world because of a growing body of data privacy regulation like GDPR and CCPA.These laws are forcing
companies to understand the data they have, and find ways to be able to pull that data into a single view, and, if needed, respond to
partners.Company CEO and founder Rehan Jalil says the goal of his startup is to provide an operations platform for customer data, an area he
out and gathers customer data across all of the data sources you have defined
The company has links to more than 250 common modern and legacy data sources out of the box
Once the bot grabs the data and creates a central record, humans come in to review the results and make any adjustments and final decisions
on how to handle a data request.It has a number of security templates for different kinds of privacy regulations, such as GDPR and CCPA, and
the bot finds data that must meet these requirements and lets the governance team see how many records could be in violation or meet a set
of criteria you define.Securiti.ai data view
Screenshot: Securiti.ai (cropped)There are a number of tools in the package, including ways to look at your privacy readiness, vendor
assessments, data maps and data breaches to look at data privacy in broad way.The company launched in 2019, and in just five months has
already grown to 185 employees, a number that is expected to increase in the next year with the new funding.
