Riverwood Capital led a $60m round in BigID.

Riverwood Capital, a private equity firm, led a $60m round in BigID, an AI-augmented data security company. "In five years BigID has grown from first customer to almost $100M in recurring revenue, helping global enterprises meet their expanding data security, compliance, privacy and governance needs in the hybrid cloud. With corporate attention now turning to enabling responsible and trusted AI, BigID is uniquely-positioned to help companies address the novel challenges of unstructured training data, including quality, bias, privacy, access, sovereignty and more. This funding gives BigID additional capital to accelerate and scale organic and inorganic growth," Dimitri Sirota, BigID CEO and Co-founder.