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Salesforce Ventures and Tiger Global led a $70m series D funding round in BigID.

Synopsis

Salesforce Ventures, a multi-stage, global venture capital firm, and Tiger Global, an investment firm, led a $70m series D funding round in BigID, a New York based data management company, with participation from Glynn Capital, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures. “Data powers the modern enterprise and has become indispensable for customer innovation and value creation. At the same time, it has also come under greater scrutiny given the sensitivity and increase in global privacy regulators. BigID has pioneered the ability for organizations to find and know their data in a way that helps them take action and automate critical privacy, security and data governance activities across a modern multi-cloud environment. We are excited to extend our investment in BigID,” Matthew Garratt, Salesforce Ventures Managing Partner.

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