BigID is a leading data intelligence platform that enables organizations to manage, protect, and derive value from their data. The platform focuses on data discovery, privacy management, security management, and data governance, providing comprehensive solutions for handling structured and unstructured data across cloud and on-premise environments. BigID's mission is to revolutionize data privacy and protection by offering innovative solutions that empower businesses to understand their data landscape, minimize risks, and ensure compliance with global privacy regulations.
BigID was founded in 2016 by Dimitri Sirota and Nimrod Vax, both veterans of the security industry. The company quickly gained recognition for its novel approach to data management, leveraging machine learning and identity intelligence to enhance data privacy and protection. Over the years, BigID has expanded its operations globally, with offices in New York City, Tel Aviv, London, and Singapore. The company has been recognized as a market leader in data security and has received numerous accolades, including being named on Forbes' Cloud 100 list and Deloitte's Technology Fast 500.
BigID has raised a total of $320 million in funding over several rounds, with key investors including Boldstart Ventures, Bessemer Venture Partners, Tiger Global, Comcast Ventures, Salesforce Ventures, SAP, Scale Venture Partners, and Advent International Corporation. In April 2021, the company announced a $1.25 billion valuation following a $30 million investment from Advent International. This funding has been instrumental in supporting BigID's growth and product development initiatives.
BigID offers a comprehensive suite of features, including data discovery, classification, privacy management, risk management, and data governance. The platform uses advanced AI and machine learning technologies to automate compliance tasks, improve data classification accuracy, and enhance data security. Key features include PII identification, data mapping, consent management, data retention, and breach data investigation. These capabilities enable organizations to manage all types of data, whether in motion or at rest, and comply with regulations such as GDPR, CCPA, and HIPAA.
While specific acquisitions are not detailed, BigID has focused on expanding its product capabilities and market reach through strategic partnerships and continuous innovation. The company has introduced new features to address emerging challenges in data management, such as data hygiene capabilities for AI data pipelines and controls for tracking model access to sensitive data.
BigID continuously updates its platform to incorporate new features and enhancements. Recent developments include data-driven privacy compliance tools, such as DSAR automation and RoPA data mapping, as well as advanced AI and ML capabilities for data classification and risk management. These features help organizations comply with evolving data privacy regulations and enhance their overall data security posture.
BigID is committed to innovation, collaboration, integrity, customer focus, and continuous learning. The company fosters a collaborative work environment that values diverse perspectives and encourages employees to develop cutting-edge solutions. BigID prioritizes customer needs and feedback to continuously improve its products and services, ensuring exceptional value delivery.
BigID serves a diverse range of industries, including healthcare, banking, finance, retail, and government. The platform is particularly beneficial for large organizations looking to manage their critical data more efficiently and comply with data privacy regulations. BigID actively engages with its user community through customer support, partnerships, and continuous product development, ensuring that its solutions meet the evolving needs of its clients.
