What is BigID?
Founded in 2016 and headquartered in New York City, BigID is at the forefront of data privacy and protection. The company leverages advanced machine learning and identity intelligence to enable enterprises to safeguard customer and employee data at petabyte scale. BigID's platform is designed to assist organizations in meeting complex data privacy regulations such as the CCPA and GDPR, while providing comprehensive coverage for all data across diverse data stores. Its technology empowers businesses to not only protect data but also to derive value from it responsibly.
How much funding has BigID raised?
BigID has raised a total of $352.2M across 7 funding rounds:
Private Equity
$2.1M
Series A
$14.1M
Series B
$30M
Series C
$50M
Other Financing Round
$96M
Series D
$100M
Private Equity
$60M
Private Equity (2016): $2.1M, investors not publicly disclosed
Series A (2018): $14.1M led by SAP.iO Fund, Comcast Ventures, ClearSky Power and Technology Fund, and BoldStart Ventures
Series B (2018): $30M supported by SAP.iO Fund, Scale Venture Partners, ClearSky Security, Boldstart Ventures, Information Venture Partners, and Comcast Ventures
Series C (2019): $50M featuring Boldstart Ventures, Comcast Ventures, BA Venture Partners, Bessemer Venture Partners, SAP.io Fund, and ClearSky
Other Financing Round (2019): $96M backed by Bessemer Venture Partners , SAP.io Fund, BA Venture Partners, ClearSky, Comcast Ventures, Salesforce Ventures, and Boldstart Ventures
Series D (2020): $100M with participation from Boldstart Ventures, Salesforce, Advent, Tiger Global, BA Venture Partners, Glynn Capital, and Bessemer Venture Partners
Private Equity (2024): $60M led by Riverwood Capital and ADVENT
Key Investors in BigID
Riverwood Capital
Riverwood Capital is a private equity firm specializing in high-growth, middle-market technology and technology-enabled companies, focusing on value creation through digital technologies.
Scale Venture Partners
Scale Venture Partners is an early-stage venture capital firm that invests in category-defining businesses, providing hands-on support and go-to-market advisory, with a focus on AI companies.
ClearSky Security
ClearSky is a venture capital/growth equity firm focused on transformative security solutions, particularly in cybersecurity, privacy, and data governance, leveraging extensive security investing and practitioner experience.
What's next for BigID?
With its latest major strategic investment, BigID is poised to accelerate its product development and expand its market reach. The substantial capital infusion is expected to fuel innovation in its AI-driven data intelligence capabilities, further solidifying its position as a leader in the data governance and privacy technology landscape. This strategic backing will likely enable BigID to enhance its offerings for large enterprises grappling with escalating data volumes and evolving regulatory requirements, positioning the company for sustained growth and market leadership.
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