Three privacy companies get funding rounds
New funding rounds for BigID, Skyflow and Aleo; plus legislation to watch monitoring data scraping, AI algorithms and missteps with employee data.
--Susan Raab, Editor
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BigID raises $30M, reaches $1.25B valuation
BigID launches freemium, privacy-on-demand SaaS platform
A day after announcing a $30M investment from Advent International, BigID introduced BigID.me, a new privacy portal for organizations that don't have a designated privacy team in-house to satisfy regulatory demands and manage customer trust. Designed for use by marketers and non-professional privacy managers, the system can help manage and automate key functions including consent, cookie management and data rights.
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Data vault building tool for easy compliance
Skyflow provides a zero-trust data vault for fintech app building
Skyflow’s Payments Data Privacy Vault is an API that allows fintech developers to easily build apps without worrying about data security, privacy or compliance because the API has tokenization, polymorphic encryption, and a data governance engine built in.