Privacera provides a platform for automating discovery of sensitive data, centrally controlling access to that data, and automating compliance workflows across organizations such as data subject rights requests and data de-identification—which are required to comply with privacy regulations such as GDPR and CCPA. During 2020, the company expanded its customer base by 300% with annual recurring revenue growing by 250% during the same period. This growth was largely driven by the increasing levels of cloud migration by enterprises and increasing data privacy regulations.
In late June 2023, the firm launched Privacera AI governance (PAIG), a data governance solution designed to secure large language models (LLMs) in enterprise environments. PAIG secures LLM training data, and monitors user queries, AI responses, and model activity, enforcing data access policies, and preventing exposure of sensitive data.
Key customers and partnerships
Privacera’s customer base as of September 2024 included General Dynamics, Nike, Corning, and Autodesk. The company has partnered with infrastructure and technology providers such as AWS, Azure, Databricks, Google Cloud, and Snowflake.
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