Dathena Raises $12M Series A Round to Drive Global Adoption of AI-Powered Data Privacy and Security Solution

Funding Rounds

Summary

As enterprises move services to the cloud, grapple with an explosion of consumer data, and navigate privacy regulations including GDPR and CCPA, new security approaches are required to mitigate the risk and protect against ever-growing corporate and reputational damages. Clients in fields such as financial services, healthcare, and defense trust Dathena to deliver up to 99% accuracy in data classification coupled with an 80% reduction in information security operational costs — the kind of robust ROI that cost-conscious companies demand during turbulent times. " The new funding will support Dathenas expanding R&D efforts, along with the hiring of NYC-based staff across sales, marketing, and customer success functions to serve the companys growing North American client base. "We have been following the development of Dathena for over two years, during which we have witnessed their ability to recruit top talent, serve an ever growing base of demanding clients, clarify their unique selling proposition and strengthen their product," said François Santi, Principal at CapHorn Ventures. Leveraging the power of modern AI technologies, Dathena delivers breakthrough, petabyte-scale solutions with unprecedented accuracy, efficiency and speed that build consumer trust in a digital world and ensure the "privacy and data security protection journey.

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Amount $12.0M Total raised
Date May 13, 2020 Announcement date
Investors CapHorn, Jungle Ventures Lead investors
Company https://www.dathena.io Funded company

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Data Management

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Dathena
$10M to $25M