Work Here?
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series B
Total Funding
$28.8M
Headquarters
San Francisco, California
Founded
2016
Okera provides data access control and governance solutions for large enterprises in industries like pharmaceuticals, healthcare, and apparel manufacturing. Their platform allows users to manage data access at a very detailed level, down to individual cells, which enhances the security of sensitive information. The platform also features data discovery capabilities that automatically identify and tag sensitive data, helping companies comply with regulations such as GDPR. Okera operates on a Software-as-a-Service (SaaS) model, where clients subscribe to their platform to manage and secure data lakes, enabling self-service analytics while ensuring compliance with data privacy laws. This approach not only helps clients unlock the value of their data but also leads to significant cost savings and risk reduction, making Okera distinct in the big data and data security market.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$28.8M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Parental leave
Medical, dental, & vision benefits
Generous stock options
Hybrid work environment
Unlimited time off
New employee recruiting referral bonus
401k plan
Monthly wellness supplement
Quarterly in-person team building events
Professional development stipend
Remote virtual work meal & snack monthly stipend
Cell phone/internet stipend
Databricks has also made a string of recent AI acquisitions, with the MosaicML purchase following deals to acquire Okera in May and Rubicon in June.
For a decade, Databr
As a part of the acquisition, the Okera team will join forces with Databricks.
San Francisco-headquartered Okera, which was founded in 2016 by Amandeep Khurana and Nong Li, has raised over $29 million in funding from investors such as Bessemer Venture Partners, Alumni Ventures, and Felicis.
Databricks today announced that it has acquired Okera, a data governance platform with a focus on AI. The two companies did not disclose the purchase price. According to Crunchbase, Okera previously raised just under $30 million. Investors include Felicis, Bessemer Venture Partners, Cyber Mentor Fund, ClearSky and Emergent Ventures.Data governance was already a hot topic, but the recent focus on AI has highlighted some of the shortcomings of the previous approach to it, Databricks notes in today’s announcement. “Historically, data governance technologies, regardless of sophistication, rely on enforcing control at some narrow waist layer and require workloads to fit into the ‘walled garden” at this layer,’ the company explains in a blog post. That approach doesn’t work anymore in the age of large language models (LLMs) because the number of assets is growing too quickly (in part because so much of it is machine-generated) and because the overall AI landscape is changing so quickly, standard access controls aren’t able to capture these changes quickly enough.Okera then uses an AI-powered system that can automatically discover and classify personally identifiable information, tag it, and apply rules to this (with a focus on the metadata), using a no-code interface.As the Databricks team stressed, that’s one of the reasons the company was interested in acquiring Okera, but the other is the service’s isolation technology, which can enforce governance control on arbitrary workloads without any major overhead
Find jobs on Simplify and start your career today
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series B
Total Funding
$28.8M
Headquarters
San Francisco, California
Founded
2016
Find jobs on Simplify and start your career today