Connect with us

Hi, what are you looking for?


Compliance Closes $14 Million Series A Funding Round

Data discovery, privacy and security provider has secured $14 million in Series A funding, which will help it boost R&D and field presence.

Data discovery, privacy and security provider has secured $14 million in Series A funding, which will help it boost R&D and field presence.

Founded in 2017, the Stamford, Connecticut-based startup continuously analyzes traffic and repository stores connected to an organization’s network, to help them identify all network elements storing, processing, and sharing personal data, both internally and externally.

The company’s solution automatically identifies repositories that contain sensitive data (such as personally identifiable information (PII), protected health information (PHI), and payment card data), as well as processes that access, replicate, move and update such data repositories.

With this view of how sensitive information is used, organizations can improve the security of data and ensure compliance with GDPR, CCPA, PCI, HIPAA, and other regulations, claims.

Inventa,’s flagship solution, relies on network analytics, machine learning, and artificial intelligence to automate the discovery and classification of a company’s customer data in near real-time, while also aiming to reduce operational overhead, to lower time consumption and costs.

The funding round was led by National Grid Partners (NGP) and Jerusalem Venture Partners (JVP), but saw contribution from other investors as well, including Connecticut Innovations, Mindset Ventures, and Ocean Azul Partners.

“To achieve greater customer value, we will be investing in more people to deliver it in all parts of the organization. From RD to customer success, to field sales, operations, and marketing, our ambition is to continue educating the market about our second generation of Privacy Technology that tells the customer everything they need to know with unparalleled accuracy and operational ease,” Zak Rubinstein, CEO and founder, said.

Advertisement. Scroll to continue reading.

Related: Data Governance Startup Okera Raises $15 Million in Series B Funding

Related: Data Privacy Firm Privitar Raises $80 Million in Series C Funding Round

Related: Trusona Raises $20 Million in Series C Funding Round

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.


Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...


Thirty-five cybersecurity-related M&A deals were announced in February 2023

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.