Software Development introduced that it has raised $17.8M in an oversubscribed Collection A funding spherical

Spread the love, the zero belief knowledge safety pioneer converging knowledge safety, privateness, and AI governance, introduced that it had raised $17.8M in an oversubscribed Collection A funding spherical. 

“Within the period of Generative AI breakthroughs, organizations are empowered to unlock precious insights from buyer knowledge. Nonetheless, this development poses the essential problem of making certain safe and compliant dealing with of buyer knowledge throughout the evolving panorama of AI governance and privateness rules,” mentioned Himanshu Shukla, co-founder and CEO of LightBeam. “At LightBeam, we deal with these challenges head-on with our revolutionary Zero Belief delicate knowledge safety platform. What units us aside is {our capability} to automate safety and compliance workflows seamlessly, offering a frictionless expertise for delicate knowledge governance. We’re dedicated to offering organizations with the instruments they should navigate these challenges effortlessly, empowering them to harness the ability of Generative AI responsibly.” integrates and streamlines knowledge safety, privateness, and AI governance enabling companies to increase shortly and safely into new markets. Using generative AI, LightBeam affords complete options for managing delicate knowledge throughout varied sorts of knowledge functions. 

This contains cataloging, management, and compliance, making certain adherence to rules like PCI, GLBA, GDPR, HIPAA, and others. With options like 360-degree visibility, threat mitigation, and steady monitoring for knowledge residency, LightBeam goals to make sure the very best stage of zero-trust knowledge safety. Their aim is to foster a safe, privacy-first world.

The brand new infusion of capital will allow LightBeam to increase its go-to-market initiatives throughout gross sales, advertising, channels, and alliances, and to proceed investing in its imaginative and prescient of converging knowledge safety, privateness, and AI governance right into a single platform. 

The spherical is led by Vertex Ventures US, and supported by Dropbox Ventures together with present buyers 8VC, Village International, and a number of other angel buyers.

“A plethora of level options in knowledge safety and privateness areas are literally making the delicate knowledge safety drawback worse than earlier than. AI governance is falling by the cracks among the many knowledge, safety, and privateness groups,” mentioned Priyadarshi Prasad, co-founder and chief product officer of LightBeam. “We created the LightBeam unified zero-trust knowledge safety platform to assist prospects implement constant threat controls on their delicate knowledge property throughout their cloud, on-prem, and SaaS options. With no knowledge or metadata leaving their networks, prospects from delicate industries akin to banking, insurance coverage, and healthcare can confidently leverage LightBeam to catalog, management, and adjust to quite a few rules.”

Further particulars can be found right here.

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