BigID Lands $50M in New Funding from Tiger Global

January 7, 2020

BigID has raised $50 million in new funding from Tiger Global less than four months after previously raising a $50M Series C. The new capital will be used to deliver new products in privacy and protection of personal data along with expansion of go-to-market strategies across the globe.

With $144 million raised in less than two years, BigID has established itself as a leader in privacy-centric data discovery and intelligence to help enterprises automate privacy compliance activities like data access rights, data sharing management, and consent governance. With the California Consumer Privacy Act becoming law in 2020 and new state and global regulations set to follow, BigID is poised to build on this leadership to help enterprises better know and better protect their most important data crown jewels.

“Since starting in 2016, BigID has aimed to rethink how organizations provide data accountability to their customers through more intelligent data accounting,” explained Dimitri Sirota, CEO and co-founder of BigID. “Before BigID, data privacy was largely about policy and process. BigID put data at the center, redefining how enterprises find, manage and protect their most important asset: their customer and employee data. The new funding reflects the success BigID has achieved with customers and partners in a few short years and positions the company to maintain its innovation leadership for years to come.”

Some highlights from the past two years include:

- 2019 sales growth of 4x over 2018
- $44M raised in 2018 followed by $100M raised in 2019
- Introduced first-of-its-kind identity correlation technology for finding and mapping personal data to any person across any data source
- Introduced first data access request fulfillment technology into the privacy market for automating CCPA and GDPR data rights
- Won the 2018 RSA Innovation Sandbox followed by 17 other awards and commendations for data, privacy and security innovation
- Global sales expansion to Europe, Latin America and Asia
- Achievement of Microsoft co-sell ready status
- Becoming an SAP Solex global reseller
- Introduced BigID Enterprise, with an expanded set of automations
- Strategic investment by Salesforce Ventures
- Introduced the industry’s first data discovery and intelligence solution for modern data pipelines like Kafka and Kinesis
- Joining the AWS marketplace

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