Securiti emerged out of stealth in 2019 with the launch of its platform Privacy.ai, which enables companies to meet the compliance requirements of regulations such as GDPR and CCPA. The solutions are AI-driven automating processes such as data discovery, data subject rights management, and consent management, among others. The bot can also provide answers to queries and carry out tasks upon request through a natural language interface. Securiti.ai’s platform can integrate with 1,000+ data sources and comes pre-built with templates for privacy regulations to identify data, in line with regulatory requirements.
In October 2022, the company launched Data Controls Cloud—a solution that acts as a centralized command center for businesses to monitor and control digital privacy workflows across typically siloed enterprise tools.
Key customers and partnerships
The company caters to notable organizations across various industries, including Cisco, Alaska Airlines, Skechers, DELL, Toyota, and Comcast.
Funding and financials
In October 2022, the company raised USD 75 million in a Series C funding round led by Owl Rock Capital. In March 2023, Securiti received undisclosed investments for Capital One Ventures and Citi Ventures. The new funding was to be funneled towards bolstering Securiti’s DataControls Cloud platform.
During FY2022, Securiti reported 4x growth in total contract value, more than tripled its annual recurring revenue and had plans to double its 370-strong workforce by 2023.
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