BigID offers a cloud-based data privacy and protection platform designed to help enterprises automate compliance and governance. By integrating AI and machine learning, it identifies personal and sensitive data across data lakes, databases, and cloud systems. The platform supports automated data classification, risk assessment, and policy enforcement, ensuring companies meet evolving global privacy regulations, such as GDPR and CCPA. BigID’s unified approach helps organizations minimize data exposure, improve visibility, and enhance trust through intelligent data discovery and risk-based privacy operations.
What Is BigID and What Does It Do?
BigID, founded in 2016 by Dimitri Sirota and Nimrod Vax, is a New York City-based (United States) enterprise software company specializing in data privacy, security, and governance solutions.
BigID employs around 110 professionals and BigID’s platform enables organizations to discover, classify, and protect sensitive information across structured and unstructured data sources. It automates access rights fulfillment, maps data flows, tracks exposure, and orchestrates compliance policies, empowering enterprises to manage privacy risk efficiently in the age of big data and AI.
How Much Funding Has BigID Raised?
- Series D
• Amount Raised: $61.4M
• Date: February 2024
• Lead Investors: Riverwood Capital, Advent International, SLW
• Motivation: To strengthen product development and expand AI-driven automation for privacy and data governance. - Series D
• Amount Raised: $30M
• Date: April 2021
• Lead Investors: Advent International
• Motivation: To enhance BigID’s data privacy intelligence suite and support global market expansion.
Total Funding Raised: $308 Million
Current Valuation: $1.25 Billion (as of April 2021)
Latest Funding Date: February 2024
Key Investors
- Tiger Global Management
• Details: A leading global investment firm focused on technology-driven innovation.
• Investment Focus Areas: SaaS, cybersecurity, and enterprise software.
• Notable Investments: Stripe, Databricks, BigID. - Salesforce Ventures
• Details: The strategic venture capital arm of Salesforce investing in cloud-first and enterprise software leaders.
• Investment Focus Areas: SaaS, AI, and enterprise automation.
• Notable Investments: Snowflake, Twilio, and BigID. - Advent International
• Details: One of the world’s largest private equity firms investing across technology and software.
• Investment Focus Areas: Data analytics, cybersecurity, and enterprise automation.
• Notable Investments: BigID, Thrasio, and NICE Systems.
Where Is BigID’s Headquarters?
BigID is headquartered in New York City, United States, strategically located within one of the world’s leading financial and technology centers. The location provides access to global enterprise clients, top tech talent, and regulatory experts, positioning BigID as a key player in AI-driven data security and compliance innovation.
What’s Next for BigID?
BigID aims to expand its footprint in AI-enabled data governance and privacy intelligence automation, helping enterprises unify compliance across data silos. The company is investing in predictive analytics and policy orchestration tools to strengthen its cybersecurity posture amid rising global data regulations. With strategic partnerships and investor backing, BigID continues to redefine how businesses protect sensitive information and manage privacy at scale.
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