BigID scores $30 million Series B months after closing A round
Summary
BigID announced a big $30 million Series B round today, which comes on the heels of closing their $14M A investment in January. Dimitri Sirota, CEO and co-founder, says that GDPR is a nice business driver, but he sees the potential to grow the data security market much more broadly than simply as a way to comply with one regulatory ruling or another. He says that American companies are calling, even some without operations in Europe because they see getting a grip on their customer data as a fundamental business imperative. The company plans to expand their partner go-to market strategy in the coming the months, another approach that could translate to increased sales. “The area where we tend to spend a lot of time, and I think is what attracted Dimitri to having us as an investor, is that we really help with the scaling phase of company growth,” he said.
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