Cloud data access control solutions provider Immuta this week announced raising $90 million in Series D funding, which brings the total capital invested in the company to $169 million.
Founded in 2015, the Boston-based company offers a platform that data engineers and DataOps teams can use to automate data governance, security, access control and privacy protection.
The new funding, Immuta says, will help it capture rising demand for access control, as cloud data sets are becoming distributed across multiple platforms. The company plans to invest in product research and development, while also looking to expand its sales and marketing capacity.
The Series D funding round saw participation from new investors Greenspring Associates (which led the round), March Capital, NGP Capital, and Wipro Ventures, and existing investors Citi Ventures, Dell Technologies Capital, DFJ Growth, Intel Capital, Okta Ventures, and Ten Eleven Ventures.
“We’ve entered a new era in data and analytics fueled by ubiquitous cloud storage, new cloud data management tools, and the rise of DataOps. Traditional methods of data access control don’t work, don’t scale across cloud compute platforms, and can limit data utility. Immuta’s platform solves this problem elegantly without requiring data to be moved, copied, or manually provisioned,” Immuta’s CEO Matthew Carroll said.
Related: Healthcare IoT Cybersecurity Firm Cynerio Raises $30 Million
Related: Endpoint Security Provider ThreatLocker Raises $20 Million
Related: Cloud-Native Authorization Provider Styra Raises $40 Million
Related: Asset Discovery Provider Panaseer Raises $26.5 Million
More from Ionut Arghire
- Malicious NPM, PyPI Packages Stealing User Information
- Boxx Insurance Raises $14.4 Million in Series B Funding
- Prilex PoS Malware Blocks NFC Transactions to Steal Credit Card Data
- 30k Internet-Exposed QNAP NAS Devices Affected by Recent Vulnerability
- Guardz Emerges From Stealth Mode With $10 Million in Funding
- Critical QNAP Vulnerability Leads to Code Injection
- GitHub Revokes Code Signing Certificates Following Cyberattack
- Vulnerabilities in OpenEMR Healthcare Software Expose Patient Data
Latest News
- Malicious NPM, PyPI Packages Stealing User Information
- VMware Confirms Exploit Code Released for Critical vRealize Logging Vulnerabilities
- 98% of Firms Have a Supply Chain Relationship That Has Been Breached: Analysis
- Dutch, European Hospitals ‘Hit by Pro-Russian Hackers’
- Gem Security Gets $11 Million Seed Investment for Cloud Incident Response Platform
- Ransomware Leads to Nantucket Public Schools Shutdown
- Stop, Collaborate and Listen: Disrupting Cybercrime Networks Requires Private-Public Cooperation and Information Sharing
- Boxx Insurance Raises $14.4 Million in Series B Funding
