Secuvy, a San Ramon, CA-based cloud-native, contextual data privacy & security platform, has announced the successful completion of its funding round from investors.
The funding will be used in accelerating company growth plans, expanding the team, and further developing and enhancing the Secuvy privacy & security platform.
The round was led by Dell Technologies Capital & WestWave Capital, with participation from Z5 Capital.
“Data security and privacy is a significant cause of global concern and most companies struggle without the right tools to support compliance in an already complex environment. We founded Secuvy to give customers a competitive edge when mining qualitative, meaningful insights from data without introducing security risk or failing to meet regulatory requirements,” said Vaibhav Mehrotra, CEO and co-founder, of Secuvy. “Today’s funding is a significant milestone for us and we appreciate our investors’ support and belief in our vision.”
Using self-learning AI workflows, Secuvy tracks, monitors, and alerts sensitive data in the cloud, on-prem, file shares, and legacy systems, Secuvy is a centralized platform for the discovery of sensitive data in mix mode environments.
Secuvy’s cloud-native platform is purpose-built to transform data security and compliance strategies for today’s modern enterprise via self-learning AI workflows.
The platform provides visibility into sensitive structured and unstructured data across hundreds of sources at a petabyte scale.
The platform’s contextual intelligence graph of individuals provides a “single pane of glass” view, allowing organizations to easily comply with global privacy laws and secure data.
SecuvyAI’s innovative approach is currently helping Fortune 1000 companies across healthcare, commerce, and finance tackle privacy and compliance challenges in more than 45 countries.
Company: Secuvy com Inc.
Raised: Undisclosed
Round: Unknown
Funding Month: March 2023
Lead Investors: Dell Technologies Capital & WestWave Capital
Additional Investors: Z5 Capital
Company Website: https://secuvy.ai/
Software Category: Privacy & Security Software
About the Company: Founded in 2019, Secuvy offers a contextual intelligence platform for data privacy, security, and governance. The data-oriented approach automates data discovery, classification, and assessments for the Fortune 5000. Unique contextual AI privacy workflows to automate DSARs and data transfers to reduce efforts for data governance. Data protection workflows to monitor, manage and protect sensitive data with scale and visibility. User-friendly interface to reduce time, cost, and efforts and provide a 365-degree view of UnStructured/Structured data for on-prem, cloud, or hybrid environments.
Source: https://www.businesswire.com/news/home/20230310005374/en/Secuvy-Announces-New-Investments-from-Dell-Technologies-Capital-and-WestWave-Capital-to-Modernize-Data-Privacy-and-Security