Full-Time
Posted on 1/17/2025
Data protection and privacy compliance platform
$125k - $155kAnnually
Senior, Expert
San Francisco, CA, USA
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Relyance AI specializes in data protection and privacy compliance by using machine learning to create a real-time inventory and map of personal data flows within organizations. Their software-as-a-service (SaaS) platform allows clients to monitor data processing activities, ensuring compliance with regulatory requirements and reducing manual workflows. What makes Relyance AI different is its focus on automation and accuracy, which is crucial for clients in regulated industries like tech, finance, and healthcare. The company's goal is to help organizations maintain user trust while effectively managing their data privacy obligations.
Company Size
51-200
Company Stage
Series B
Total Funding
$60.3M
Headquarters
Mountain View, California
Founded
2020
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Relyance AI has raised $32 million in Series B funding, led by Thomvest Ventures, with participation from M12, Microsoft's venture arm, Cheyenne Ventures, and existing investors like Unusual Ventures and Menlo Ventures.
Today, I am thrilled to announce our Series B funding, led by Thomvest Ventures and supported by M12, Microsoft Ventures Fund, Cheyenne Ventures, and our existing investors, Unusual and Menlo Ventures.
Relyance AI raises $32 million series B funding to safeguard AI innovation in the enterprise.
SAN FRANCISCO--(BUSINESS WIRE)--Today at RSA Conference, Relyance AI announced the release of Asset Intelligence and Data Security Posture Management, the first DSPM solution to bring together complete asset-level visibility and lineage to all sensitive enterprise data in the context of contractual and regulatory obligations. Security and privacy leaders can now see where all data is stored at a fine-grain level, why it is stored there, who has access to it, and what risks exist with how it is being processed, bringing unprecedented clarity and control over a company's most precious asset - their customer data.The risk of regulatory fines, loss of reputation, and lawsuits from mishandling data or worse, data breaches, is skyrocketing. According to DLA Piper, fines from GDPR and other regulatory agencies topped $1.7B in 2023. The problem for data security, privacy, and governance teams today is they often work with silos of information and are buried in alerts. They lack contextual understanding of the granular commitments the organization has made to their customers and partners. And they often don't know until it's too late where they are exposed in case of a breach or if data is used for training purposes when it should not be
SAN FRANCISCO-(BUSINESS WIRE)-Today at RSA Conference, Relyance AI announced the release of Asset Intelligence and Data Security Posture Management, the first DSPM solution to bring together complete asset-level visibility and lineage to all sensitive enterprise data in the context of contractual and regulatory obligations.
Relyance AI, an AI-powered data protection and governance platform focused on building trust, has been recognized as a Cool Vendor in Privacy by leading analyst firm Gartner.
Relyance AI was selected as one of the top in the Privacy & Security category for its innovative code scanning and machine learning technology.
Relyance Recognized for Its AI-Powered Code Scanning Approach, Ushering In a Paradigm Shift for Privacy and Data GovernanceRelyance AI, a data protection and governance platform focused on building trust, has been named one of 10 finalists for the RSA Conference™ 2023 Innovation Sandbox contest for its innovative, code scanning and machine learning technology. Relyance will present its paradigm shifting platform to a panel of renowned industry judges and a live in-person audience on Monday, April 24, at the RSA Conference 2023 in San Francisco.Since 2005, the RSAC Innovation Sandbox has served as a platform for the most promising young cybersecurity companies to showcase their groundbreaking technologies and compete for the title of "Most Innovative Startup." The competition is widely recognized as a catapult for success and the top 10 finalists have collectively celebrated 75 acquisitions and received $12.5 billion in investments over the last 18 years."The RSA Conference Innovation Sandbox contest is one of the most exciting highlights of the week as we get to watch 10 of the cybersecurity industry's best and brightest up and coming stars shine on stage with provocative and cutting-edge ideas," said Linda Gray Martin, Senior Vice President, RSA Conference. "The demanding challenges and threats we face are only getting more complex in both size and severity and we need smart, determined and skilled individuals and companies to make an impact and help tackle what lies ahead."Relyance AI's novel code first approach to classification, privacy-by-design (PbD) and data governance applies semantic analysis, a technique commonly found in compilers, to track personal or sensitive information while integrating seamlessly with a company's existing software development and security workflows. The company's innovative scanning techniques analyze code to create a semantic representation that provides a clear, complete, and up-to-date view into how your internal and external systems process personal and sensitive information. This information is then correlated with runtime monitoring metadata, data at rest scans and compared against constraints from contracts and policies leveraging the latest advances in Natural Language Processing (NLP).Public and private organizations like Zoom, New Relic, Fivetran, Notion, Dialpad, Samsara, Lively, and many others have built their global privacy program using Relyance because the company takes a deeply technical, automation-rich, and ML-driven approach.Relyance Co-CEO and Co-Founder Abhi Sharma who spent his career building compilers and large scale ML products emphasizes that data processing begins in the source code, an understanding of which is a key element for building a global privacy program. Grasping the purpose of data processing requires addressing its origin in code and augmenting it with data in motion and at rest
September 16, 2021
Relyance AI, an early stage startup that is helping companies stay in compliance with privacy laws at the code level, announced a $25 million Series A today. At the same time, they revealed a previously unannounced $5 million seed round.