What is DocAuthority?
DocAuthority specializes in AI-driven document control, offering organizations a robust security policy to automatically discover and identify unstructured, sensitive documents. The company's technology aims to prevent data breaches by helping businesses understand their risks and implement effective mitigation plans. Serving enterprise-size organizations across diverse sectors including healthcare, retail, technology, energy, public sector, telcos, and financial services, DocAuthority was founded in 2013 by Ariel Peled and Itay Reved. The company, headquartered in Raanana, Israel, is led by pioneers in Data Loss Prevention (DLP) technology.
How much funding has DocAuthority raised?
DocAuthority has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2018): $10M, investors not publicly disclosed
What's next for DocAuthority?
With a substantial enterprise-level funding context and a recent major strategic investment, DocAuthority is poised for accelerated growth and market expansion. The company's focus on AI for sensitive document identification and security policy enforcement positions it to capitalize on the increasing demand for advanced data protection solutions. Future strategic initiatives are likely to involve further development of its AI capabilities, broadening its enterprise client base, and potentially exploring new market verticals where unstructured data security is paramount. This backing will enable DocAuthority to enhance its product offerings and solidify its leadership in the document control and data security space.
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