Data Privacy Automation Provider Integris Software Raises $10 Million
19.7.18 securityweek IT
Integris Software, a Seattle-based provider of data privacy automation tools, today announced that it has raised $10 million through a Series A financing round led by Aspect Ventures.
The oversubscribed round brings the total funding raised by the company to $13 million.
The company explains that its flagship data privacy automation platform automates the process of “identifying, classifying and continuously monitoring sensitive data that enables a defensible compliance strategy for enterprises.”
"Global CTOs are realizing that complying with privacy law is essentially a data problem and that without an automated discovery mechanism for sensitive information, they’re flying blind on what data is important to secure and why,” Kristina Bergman, CEO of Integris Software, said in a statement.
The company will help customers comply with emerging and changing data privacy regulations, such as the EU’s General Data Protection Regulation (GDPR) and the upcoming California state law AB375.
Other investors participating in the funding round include Workday Ventures, Madrona Venture Group, and Amplify Partners.
“Integris is a unique vendor that, through automation, can discover data at rest or in motion, structured or unstructured, on premise or in the cloud,” said Mark Peek, managing director and co-head, Workday Ventures. “Companies need to be able to produce evidence that shows what sensitive information has been deleted or rectified.”