Data Protection Firm Cognigo Raises $8.5 Million
16.11.2018 securityweek IT
Cognigo, a Tel Aviv, Israel-based startup focused on data protection and compliance, this week announced that it has completed an $8.5 million Series A round of funding.
The company’s flagship “DataSense” offering is an artificial intelligence (AI) driven platform that can provide GDPR compliance and data protection by automatically recognizing and categorizing structured and unstructured data across file repositories, databases and cloud services.
“By creating a powerful, centralized index, and leveraging a native ‘Google-like’ search engine, DataSense provides answers to your most critical data security and business-related questions. Discover data violations, potential breaches and compliance issues with a single pane of glass,” Cognigo explains on its website.
According to the company, the new funding will be used to support global sales and marketing and product development efforts.
The Series A round was led by OurCrowd, with Prosegur, and State of Mind Ventures.