BigID announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent. With the strong momentum of generative AI, enterprises have rushed to stand up new initiatives that drive productivity behind novel use cases leveraging documents, images, code, chats and other types of “unstructured” and structured data. Before BigID was launched into the market in 2018, data security products were purpose-built for specific data types. … More →

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