Antimatter

Antimatter

Sensitive data classification and management platform

About Antimatter

Simplify's Rating
Why Antimatter is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$11.7M

Headquarters

San Francisco, California

Founded

2022

Overview

Antimatter.io offers a platform for automatic classification and management of sensitive data, aimed at businesses like enterprise SaaS companies. The platform allows users to define policies for handling sensitive data, providing features such as redaction, tokenization, and anonymization on a per-user basis. This enables the creation of multiple sanitized views of the same data without duplication, enhancing data privacy and management. Antimatter.io stands out by allowing businesses to build AI applications while ensuring data privacy and tracking customer consent.

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Simplify's Take

What believers are saying

  • Growing demand for data privacy solutions boosts Antimatter's market potential.
  • Increased regulatory scrutiny drives demand for Antimatter's compliance-focused solutions.
  • Expansion of the global SaaS market creates more opportunities for Antimatter's services.

What critics are saying

  • Emerging competition could dilute Antimatter's market share.
  • Rapid AI evolution may outpace Antimatter's current platform capabilities.
  • Potential changes in data privacy regulations could necessitate costly platform updates.

What makes Antimatter unique

  • Antimatter offers automatic classification of sensitive data in structured and unstructured sets.
  • The platform provides per-user data redaction, tokenization, and anonymization without duplication.
  • Antimatter enables AI development without sacrificing data privacy, a unique market proposition.

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Funding

Total Funding

$11.7M

Below

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$12M
Antimatter
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

4%

2 year growth

10%
Security Boulevard
Apr 28th, 2024
RSAC 2024 Innovation Sandbox | Antimatter: A Comprehensive Data Security Management Tool

On March 31, 2022, Antimatter secured a $12 million Series A funding round, led by the investment firm New Enterprise Associates, with participation from General Catalyst and UNION Labs.

Finsmes
Apr 1st, 2022
Antimatter Raises $12M in Series A Funding

Antimatter, an Oakland, CA-based provider of data security for SaaS applications, raised $12M in Series A funding

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