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BigID

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Overview

BigID is a leading platform in data security, privacy, compliance, and governance, designed to help organizations manage, protect, and derive value from their data. The platform offers comprehensive solutions across several key areas:

Data Discovery and Intelligence

  • Discovers, catalogs, and classifies all types of data across various sources
  • Provides 360-degree visibility into personal, sensitive, and enterprise data
  • Supports data sources including cloud storage, data lakes, and on-premises systems

Data Classification and Cataloging

  • Utilizes advanced machine learning (ML) and deep learning techniques
  • Employs Named Entity Recognition (NER) to uncover data relationships
  • Automatically catalogs and maps sensitive and personal data

Compliance and Regulatory Management

  • Assists in meeting requirements for GDPR, CCPA/CPRA, and other data privacy regulations
  • Automates data rights fulfillment and policy management
  • Identifies personal data using intelligent classification

Data Security

  • Offers ML-based classification, file analysis, and risk scoring
  • Includes applications for data classification, risk scoring, file access intelligence, and more

Data Governance

  • Provides efficient, consistent, and scalable governance solutions
  • Offers data catalog, quality, stewardship, glossary, and metadata exchange capabilities
  • Enhances traditional manual data curation with ML-prompted validation

Suites and Applications

BigID offers specialized suites for different aspects of data management:

  • Data Privacy Suite
  • Data Security Suite
  • Data Governance Suite

Architecture and Deployment

  • Operates on a flexible, agentless microservices architecture
  • Supports deployment in on-premises, cloud, or hybrid environments
  • Compatible with various data stores and types

Additional Capabilities

  • Advanced cluster analysis for finding duplicate and similar files
  • Correlation capabilities to link disparate data points
  • Advanced reporting and analysis integrations BigID's comprehensive platform enables organizations to know their data, take action on it, and derive more value while ensuring compliance, security, and governance across their entire data landscape.

Leadership Team

BigID's leadership team comprises experienced executives with diverse expertise in research, product development, sales, and customer success. Key members include:

Dimitri Sirota - CEO and Co-Founder

  • Background in founding and leading enterprise software companies
  • Previously founded eTunnels and Layer 7 Technologies
  • Serves as an SVP for Strategy at CA Technologies

Nimrod Vax - Co-Founder

  • Over 15 years of experience in enterprise security software and identity management
  • Former VP Product Management at CA Identity Management
  • Advisor to security startups

Scott Sunday - Chief Customer Officer (CCO)

  • Joined BigID in 2024
  • Over 25 years of experience in the software industry
  • Previously held leadership positions at Talend and Collibra

Scott Casey - Chief Operating Officer (COO) and Chief Financial Officer (CFO)

  • Based in New York City
  • Background in finance and operations
  • Educated at the University of Illinois and the University of Virginia Darden School of Business

Eyal Sacharov - VP Research and Chief Architect

  • Based in Israel
  • Worked in various roles at CA Technologies
  • Studied at IDC Herzliya

Scott Mersy - Chief Marketing Officer (CMO)

  • Diverse background including roles at Genius.com, Carlson Marketing, and ServiceNow Inc.
  • Managing Partner at Mersy Mendes Investimentos
  • Based in San Francisco

David Ray - Chief Privacy Officer

  • Oversees global privacy regulations and compliance
  • Participates in BigID's Data Leaders Series webinars The leadership team at BigID focuses on driving innovation, ensuring operational efficiency, fostering partnerships, and maintaining a strong emphasis on data security and compliance to empower organizations in maximizing the value of their sensitive data.

History

BigID, founded in 2016 by Dimitri Sirota and Nimrod Vax, has a notable history marked by rapid growth, innovative solutions, and significant milestones:

Founding and Early Development

  • Founded in 2016 to address growing concerns around data privacy and protection
  • Launched its data intelligence platform in late 2017
  • Secured Series A and Series B funding rounds
  • Recognized as a Gartner Cool Vendor and RSA Innovation Sandbox winner

Major Funding Milestones

  • 2019: $50 million Series C funding round led by Bessemer Venture Partners
  • December 2020: $70 million Series D funding round led by Salesforce
  • April 2021: $30 million extension to Series D led by Advent Tech
  • Total funding reached $246.1 million, valuing the company at $1.25 billion

Achieving Unicorn Status

  • Became a unicorn in 2020, just over four years after founding

Product and Platform Evolution

  • Developed a comprehensive data intelligence platform based on the 'four Cs': catalog, classification, cluster analysis, and correlation
  • Introduced the BigID App Marketplace in 2021, allowing for modular app additions

Strategic Partnerships and Expansion

  • Forged partnerships with leading technology companies like Microsoft, AWS, Alation, and Collibra
  • Expanded product offerings to include a wide range of data management tools

Industry Recognition and Growth

  • Named a 2019 World Economic Forum Technology Pioneer
  • Received numerous awards for innovative approach to data intelligence
  • Experienced rapid growth and expanded operations globally
  • Continues to focus on AI-based solutions for data privacy, security, and governance BigID's history reflects its commitment to innovation in data privacy, security, and governance, positioning it as a leader in the data intelligence industry.

Products & Solutions

BigID offers a comprehensive suite of products and solutions focused on data security, compliance, privacy, and governance. The key aspects of their offerings include: Data Discovery and Classification: BigID's platform automatically discovers and classifies all data and metadata across structured, unstructured, and semi-structured data types, whether in the cloud, on-premises, or in hybrid environments. Data Security Posture Management (DSPM): As a market leader in DSPM, BigID helps organizations uncover dark data, surface critical risks, and remediate high-risk data. This includes identifying vulnerabilities, remediating sensitive and regulated data, and reducing the attack surface. Data Privacy Management (DPM): The platform provides data-driven automation for regulatory compliance and privacy by design, including managing privacy requirements, automated data rights fulfillment, consent governance, and preference management. Data Governance: BigID offers AI automation for data governance, enabling organizations to tag, classify, and manage large data sets. This includes improving data quality, automating data retention, and enriching data catalogs with metadata exchange and context. Zero Trust and Insider Risk: The platform helps reduce insider risk and manage insider threats with access governance controls, moving towards a least privileged model. It also enables zero trust by reducing access to sensitive data based on activity and context. AI Security and Compliance: BigID accelerates AI adoption by preparing data to be safe for AI use, minimizing the risk of data leaks and breaches. It also manages data sharing and enforces policies on data usage for AI. Compliance and Regulatory Alignment: The platform helps organizations meet global and local regulatory requirements and align with security frameworks by proactively managing regulated data and automating compliance processes. Data Lifecycle Management: BigID simplifies and automates data lifecycle management from collection to destruction, including defining custom data retention policies and automatically deleting unnecessary data. Integration and Ecosystem: The platform integrates natively with various third-party applications and ecosystems, enriching and extending the security posture across the tech stack. Additional features include ML-driven classification, risk management, policy enforcement, and access control. Overall, BigID's solutions are designed to help organizations know their data, control their data, and take action on the data that matters most, ensuring comprehensive data security, compliance, and governance.

Core Technology

BigID's core technology centers around advanced data management, security, compliance, and privacy, leveraging cutting-edge technologies such as machine learning (ML), artificial intelligence (AI), and graph technology. Key aspects include: Data Discovery and Classification: BigID uses ML and AI to find, classify, and inventory sensitive, personal, critical, or regulated data across the entire data landscape, regardless of its location. This includes automated identification of highly regulated and restricted data. Data Curation and Cataloging: BigID has pioneered patent technology that enhances data cleansing, curation, and cataloging for AI. It automatically identifies similar, duplicate, and redundant data using dynamic document clustering and keyword extraction, streamlining data management and improving data hygiene. Graph Technology and Correlation: BigID's graph technology adds context to data classification by surfacing relationships between data points and correlating related data. This approach helps in building identity and entity profiles, associating data with its owners, and visualizing data interconnections across different sources. Privacy and Compliance Automation: The technology includes an advanced suite of privacy capabilities that are automated, adaptive, and AI-driven. Features such as adaptive business-level data maps, intelligent regulatory risk registers, and dynamic risk matrices help organizations mitigate privacy risks and comply with numerous privacy regulations. Integration and Scalability: BigID is designed to be scalable and suitable for enterprise-level use. It integrates with other systems to enhance security and compliance by using credentials securely and automating connections to various data sources. Security and Governance: BigID provides a data-centric approach to cloud data security, data privacy, and governance. It automates security, privacy, and governance controls, reduces risks, and aids in compliance and cloud migrations with cleaner data. Overall, BigID's core technology focuses on providing comprehensive data visibility, control, and automation to help organizations manage their data securely, compliantly, and efficiently.

Industry Peers

BigID operates in the data security, privacy, compliance, and governance sector, competing with several notable companies: Data Protection and Compliance:

  • Tableau Software: Known for data visualization, with a significant market share in data protection.
  • Segment: A customer data platform competing in the data protection space.
  • Algolia: Primarily a search and discovery platform with a presence in data protection. Specialized Data Security and Privacy:
  • Ethyca: Focuses on data lifecycle management and unstructured data management.
  • Normalyze: Specializes in data security posture management, including multi-cloud data discovery and classification.
  • Concentric AI: Provides AI-driven data security and privacy solutions.
  • Ohalo: Manages unstructured data and offers data lifecycle management services.
  • Open Raven: Focuses on data security posture management within cybersecurity.
  • Transcend: Offers data privacy infrastructure and data governance solutions.
  • Securiti: Acts as a 'data command center' for intelligence, security, and compliance. Data Privacy Management:
  • Enzuzo: Provides data mapping, data governance, privacy impact assessments, and third-party risk management.
  • Drata: Competes in data discovery and data loss prevention, implementing standards for various data privacy and reporting regulations.
  • Ketch: Offers a programmatic privacy and AI data governance platform.
  • DataGrail: A cloud-based data privacy management platform. Other Notable Competitors:
  • Immuta: Focuses on data security, offering services such as sensitive data discovery and classification.
  • Osano: Provides a data privacy management software platform.
  • Laminar: Offers a data security platform providing data security posture management solutions. These companies offer various solutions that compete with BigID in data security, privacy, compliance, and governance, each with their unique strengths and specializations in the market.

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