Tel-Aviv-based Piiano provides a data protection and management platform that facilitates privacy engineering and privacy best practices such as privacy-by-design, pseudonymization, right to be forgotten (RTBF), and data subject access requests (DSAR). The company provides tools to pseudonymize data sets and segregates personally identifiable information (PII) into a safe place to store the original consumer data where access is restricted. Piiano Vault, is a secure database solution that centralizes all sensitive information including PII within the cloud environment and uses a privacy-centric code scanner to locate decentralized data continuously. The vault can be deployed inside an organization’s cloud infrastructure and enables developers to build privacy architectures for cloud-native applications, and security and privacy teams to gain insights, manage data, and enforce privacy policies. The vault allows organizations to also protect data from data breaches and other malicious activity. Enterprises can obtain complete visibility, control, and full compliance with privacy regulations such as the GDPR and CCPA. The company is yet to launch its Piiano Vault solution, and a demo release will be available upon launch.
In October 2021, the company raised USD 9 million in a seed funding round led by YL Ventures. The funding also marks Piiano’s emergence from stealth, and the company expects to use the proceeds to accelerate its R&D and go-to-market strategies.
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