Invest in BigID

By leveraging BigID’s patented ML (Machine Learning) and AI techniques, automating manual processes, and embracing an open ecosystem, customers can proactively discover, manage, and protect their regulated, sensitive, and personal data across their data landscape while accelerating actionable insights.

BigID is an innovator in data intelligence, with an ML-powered enterprise platform that reimagines data management for data discovery, security, privacy, governance, and compliance.

The foundation of the BigID Data Intelligence Platform is its detailed, automated data analysis and discovery capability that identifies and manages metadata and data at scale – across any data type, wherever that data is stored.

BigID is uniquely qualified to identify where a customer’s PII (personally identifiable information) and PI (personal information) sits due to its cutting-edge entity association technology which allows data to be associated with an individual or entity.

The company’s technology combines leading machine learning classification and correlation techniques to provide context around the data itself: whose it is, where it is, what it is. The core catalog leverages machine learning for labeling and discovery, deeper insights into data values, neighboring data relationships, and locations of duplicate or similar data.

Building upon that foundation, BigID provides core applications that can be added modularly to automate data management across data compliance, privacy, security, and governance.

BigID helps customers proactively manage and protect their data, reduce risk, and get more value from their data. With BigID, customers can make better decisions with their data, achieve compliance, scale with evolving data privacy and protection landscape, and ultimately reimagine how they manage their data.

BigID’s platform functions by having customers connect all their data sources—from data warehouses like Snowflake and SaaS tools like Salesforce to raw CSV files, Github repositories, and more. BigID then scans across all the data for PII and classifies and indexes it so teams can manage accordingly.

BigID’s platform enables organizations to track which employees are accessing sensitive data and where, but it also employs machine learning algorithms to surface what data is most critical to the organization while ensuring it is privacy compliant.

The BigID platform offers Data Governance, Data Discovery, Data Classification, Data Privacy and Compliance, and Data Security and Protection.

Data Governance: BigID enables data governance by providing comprehensive data discovery, classification, inventory, quality assessment, access control, and lineage capabilities to ensure visibility, understanding, and control over data assets throughout their lifecycle.

Data Discovery: BigID can automatically discover all types of sensitive data across various data repositories, including structured and unstructured data, cloud storage, and file systems. BigID employs advanced data discovery techniques using machine learning and artificial intelligence to identify and classify sensitive data across diverse data sources.

Data Classification: BigID can classify and tag sensitive data based on predefined or custom policies, which helps organizations understand the nature of their data and comply with data protection regulations.

Data Privacy and Compliance: BigID helps organizations comply with data protection regulations, such as GDPR, CCPA, and HIPAA, by identifying and managing sensitive data and ensuring it is properly protected.

Data Security and Protection: BigID offers advanced data protection features, such as data access controls, data masking, and data encryption, to help organizations protect their sensitive data from unauthorized access and breaches.

BigID’s platform integrates with various data sources, including databases, file systems, cloud storage, and collaboration platforms, enabling organizations to apply data privacy controls and policies across their entire data ecosystem.

BigID follows a SaaS subscription-based pricing model, where customers pay a recurring fee for accessing and using the BigID platform. BigID pricing is based on a combination of factors, including the number of data sources, apps, and connectors, deployment type, and level of services and support.

Companies pay based on the number of team members using BigID’s software, the amount of data in their systems being scanned, and the need for advanced features like white-labeled reports and unlimited requests.

In March 2024, BigID said the round, led by Riverwood Capital with participation by Silver Lake Waterman and Advent International, values the company at over $1 billion. BigID generates nearly $100 million in yearly revenue, the company said.