How Much Did BigID Raise?
Funding & Key Investors

BigID, a prominent player in the enterprise data intelligence sector, has successfully secured a total of $352.2M in capital to date. The company recently finalized a major strategic investment of $60M, reinforcing its market position as a critical provider of data privacy and protection solutions. This latest infusion of financing underscores the growing demand for sophisticated tools capable of managing petabyte-scale data environments while ensuring compliance with global regulatory frameworks such as GDPR and CCPA.

Since its inception in 2016, BigID has demonstrated a consistent growth trajectory, moving from early-stage development to a mature enterprise-level entity. The firm's ability to attract high-profile backers across multiple funding rounds highlights its technological differentiation in the crowded cybersecurity and data governance landscape.

What is BigID?

BigID
SoftwareSecurity Software

Headquartered in New York City, BigID leverages advanced machine learning and identity intelligence to provide enterprises with comprehensive visibility into their data assets. By automating data discovery and classification, the platform enables organizations to manage sensitive information across diverse data stores effectively. This capability is essential for modern enterprises tasked with navigating complex privacy regulations and mitigating the risks associated with data sprawl. BigID's architecture is specifically designed to handle the scale and complexity of modern cloud and hybrid environments, positioning it as a foundational component of the contemporary security stack.

How much funding has BigID raised?

BigID has raised a total of $352.2M across 7 funding rounds:

2016

Private Equity

$2.1M

2018

Series A

$14.1M

Series B

$30M

2019

Series C

$50M

Other Financing Round

$96M

2020

Series D

$100M

2024

Private Equity

$60M

Private Equity (2016): $2.1M, investors not publicly disclosed

Series A (2018): $14.1M led by ClearSky Power and Technology Fund, Comcast Ventures, SAP.iO Fund, and BoldStart Ventures

Series B (2018): $30M supported by Boldstart Ventures, SAP.iO Fund, ClearSky Security, Scale Venture Partners, Information Venture Partners, and Comcast Ventures

Series C (2019): $50M featuring Boldstart Ventures, Comcast Ventures, Bessemer Venture Partners, ClearSky, SAP.io Fund, and BA Venture Partners

Other Financing Round (2019): $96M backed by Salesforce Ventures, Boldstart Ventures, ClearSky, Comcast Ventures, Bessemer Venture Partners , SAP.io Fund, and BA Venture Partners

Series D (2020): $100M with participation from Glynn Capital, Boldstart Ventures, Salesforce, BA Venture Partners, Bessemer Venture Partners, Tiger Global, and Advent

Private Equity (2024): $60M led by Riverwood Capital and ADVENT

Key Investors in BigID

Salesforce

Salesforce is a global leader in customer relationship management software, providing a comprehensive suite of cloud-based solutions that help businesses transform customer interactions through innovative technology.

Bessemer Venture Partners

Bessemer Venture Partners is a long-standing venture capital firm with a global presence, known for its extensive history of backing transformative technology companies across various sectors.

ClearSky

ClearSky is a growth equity firm specializing in cybersecurity and data governance, supported by a distinguished advisory board of Fortune 500 CISO experts.

What's next for BigID?

With the recent capital injection, BigID is well-positioned to accelerate its product roadmap and expand its footprint in the global enterprise market. The company is expected to focus on deepening its identity intelligence capabilities and enhancing its automated compliance features to address emerging threats in the data privacy domain. As enterprises continue to prioritize data sovereignty and security, BigID's strategic focus on scalable, AI-driven solutions will likely remain a key driver of its long-term value creation and market leadership.

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Frequently Asked Questions Regarding BigID Financial Insights

What are the most recent funding rounds that BigID has completed, and what were the funding rounds?
BigID has recently completed 3 funding rounds: Private Equity on Mar 18, 2024, Series D on Dec 16, 2020, Other Financing Round on Sep 24, 2019.
What is the total amount of funding BigID has raised to date?
BigID has raised a total of $352.2M in funding to date.
How many funding rounds has BigID completed?
BigID has completed 3 funding rounds.
How much funding did BigID raise in its most recent funding round?
BigID raised $60M in its most recent funding round.
Who are the lead investors in BigID's latest funding round?
The lead investor in BigID's latest funding round was Riverwood Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BigID's history?
The largest funding round in BigID's history was $100M.
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