Overview

Normalyze.ai provides a platform designed to enhance data security for businesses using public cloud services. The platform continuously scans and monitors data stores, applications, identities, and infrastructure to identify sensitive data and potential access paths that could lead to data breaches. By utilizing machine learning, it discovers sensitive data and generates a graph of access and trust relationships, enabling businesses to analyze and respond to cyber threats in real-time. Normalyze.ai differentiates itself from competitors by offering a comprehensive solution that not only identifies data risks but also helps businesses understand their data's location, assess compliance with regulations like PCI and GDPR, and manage data access governance. The goal of Normalyze.ai is to empower businesses to secure their cloud infrastructure effectively and prevent data leakage.

Simplify's Take

What believers are saying

• Proofpoint acquisition could accelerate Normalyze's growth and innovation in data security.
• Partnership with Cohesity enhances data security with integrated cyber recovery solutions.
• Launch on Snowflake Marketplace expands reach and accessibility for enhanced data security.

What critics are saying

• Proofpoint acquisition may lead to integration challenges, disrupting operations and service.
• Intensifying competition in DSPM space could pressure Normalyze to innovate rapidly.
• Reliance on partnerships may expose Normalyze to risks if synergies aren't realized.

What makes Normalyze unique

• Normalyze uses AI to identify and protect data across cloud environments.
• The platform provides real-time analysis of cyber threats, preventing data leakage.
• Normalyze's DSPM technology discovers unknown data repositories, mitigating security risks.

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Funding

Total Funding

$21.6M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

Lightspeed Venture PartnersBattery Ventures

Notable Investors:

Lightspeed Venture PartnersBattery Ventures

$22,200,000

Series A

Jun 2022

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

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$22.2M

$100M