BigID Raises $50 Million for Privacy Regulation

BigID, the data-centric privacy firm, has raised a $50 million Series C funding round led by Tiger Global Management. Around a year back, the company also bagged $50 million, and including this; it has raised 144$ million to date.

The company helps to manage the increase of data privacy regulations globally amid the pandemic-induced digital era. The data privacy rules and regulations are continually evolving.

Dimitri Sirota, CEO at BigID, explained, “Fortunately for us, some of the requirements that we said were going to be critical, like being able to understand what data you collect on each individual across your entire data landscape, have come to [pass].”

Source: TechCrunch