Raises $40 Million Series B to Expand Cloud Data Protection Platform

As fans of the product, multiple CISOs and security professionals invested in the round as well.Organizations today manage high volumes of sensitive data, spanning credentials and passwords, PII, protected health information, and much more. The shift to a hybrid workplace has eroded the traditional perimeter, and organizations must focus on applications and services in their environment that house sensitive data their crown jewels. Legacy solutions arent designed for the cloud and dont interface natively with modern applications, and as a result, they deliver low accuracy, incomplete coverage, and limited actionability for resource-constrained security teams. Nightfall has seen over 4,000% growth in data volume scanned through its DLP platform since 2021 and has helped its customers remediate over 40 million sensitive data findings across applications.We rarely come across a business that has such a differentiated offering, focus on customer satisfaction, and a strong vote of confidence from marquee customers, said Sumir Chadha, co-founder and managing partner at WestBridge Capital, who has joined the companys Board of Directors.The Nightfall platform delivers faster time to value, higher operational efficiency, and truly horizontal coverage across four dimensions that make it unlike other solutions on the market: Invisible, out-of-the-box deployment: Integrations including Confluence, Jira, GitHub, Google Drive, Slack, and Salesforce with no end-user impact or agents to install. Nightfalls SOC 2 Type 2 compliant platform has been deployed across consumer-facing & highly regulated industries like healthcare, insurance, and education to address data leakage and compliance risks around HIPAA, PCI, and more.