BigID

BigID

Data management and security platform provider

About

BigID provides a platform for businesses to scan, classify, and inventory their enterprise data, regardless of its storage location, including cloud and on-premises data centers. The platform helps organizations understand and manage their data, allowing them to monitor and reduce data risks, which enhances their overall data security. BigID's services are adaptable and can be integrated into a company's existing systems, enabling better decision-making regarding various data types, such as unstructured, structured, and semi-structured data. Unlike many competitors, BigID focuses specifically on data privacy and protection for businesses that handle large volumes of data. The company's goal is to empower organizations to improve their data security posture and comply with data privacy regulations.

Company Stage

N/A

Employees

501-1,000

Industries

Data & Analytics, Cybersecurity

Total Funding

$297.8M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • BigID's continuous innovation, such as the industry-first hybrid scanning for cloud-native workloads, positions it as a leader in addressing modern data security challenges.
  • The company's strategic partnerships with industry giants like Microsoft and ServiceNow enhance its platform's capabilities and expand its market reach.
  • Recent funding rounds, including a $60 million Series E, provide financial stability and resources for further innovation and growth.

What critics are saying

  • The rapidly evolving data security landscape requires BigID to continuously innovate to stay ahead of emerging threats and competitors.
  • Integration challenges with various platforms and ecosystems could pose operational risks and affect customer satisfaction.

What makes BigID unique

  • BigID's AI-augmented data security platform offers unparalleled capabilities in scanning, classifying, and inventorying enterprise data across various environments, setting it apart from traditional data management solutions.
  • The company's strategic integrations with platforms like ServiceNow and Microsoft Copilot enhance its value proposition by providing unified IT and data asset management, which is not commonly found in competitors.
  • BigID's recognition in prestigious awards and its rapid growth, as evidenced by its inclusion in Deloitte Technology Fast and recent funding rounds, underscore its market leadership and innovative edge.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

22%

2 year growth

26%

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