LightBeam Raises $17.8M in New Capital Driven by Explosive Demand for its AI-powered Data Protection Solutions
Summary
However, this advancement poses the crucial challenge of ensuring secure and compliant handling of customer data within the evolving landscape of AI governance and privacy regulations," said Himanshu Shukla, co-founder and CEO of LightBeam. "LightBeam automates data-privacy and data-security workflows unified by a core engine that accurately and completely scans, identifies, and classifies files, documents and databases," said Sandeep Bhadra, General Partner, Vertex Ventures US. "Over the past year, LightBeam has been the proud recipient of numerous accolades, including: Silver Globee Golden Bridge Award for Best Security Solution for Large Enterprise Innovation"At 8VC, we made an early bet on helping create a future-facing AI-powered stack focused to solve present and emerging challenges in data security, privacy, and AI governance, with a focus on working seamlessly across structured and unstructured data which are exploding in the enterprise," said Bhaskar Ghosh, Partner at 8VC. "LightBeams cutting edge AI helps our clients light up sensitive data, regardless of where it exists, providing them the visibility they need to effectively mitigate attacks and comply with privacy regulations. With no data or metadata leaving their networks, customers from sensitive industries such as banking, insurance, and healthcare can confidently leverage LightBeam to catalog, control, and comply with numerous regulations."