Immuta Nabs $90 Million New Funding for Global Expansion

Immuta Nabs $90 Million New Funding for Global Expansion

Source: Immuta

Immuta recently announced that it has raised $90 million in Series D funding, bringing the company’s total capital raised to more than $160 million since being founded in 2014. According to the press release, Immuta will use the funding to meet demand for its data access control and governance platform, as well as expand sales and marketing. The company will also aim to strengthen strategic partnerships within the cloud data ecosystem.

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Immuta’s automated data governance platform lets users discover and access data through a dedicated data catalog. The product features an intuitive policy builder that provides author policies in plain English, without code so security leaders can write policies across any data. Immuta also enables compliant collaboration via projects, controlled workspaces where users can share data. When users switch projects, they assume the right permissions and controls. Immuta runs as a containerized solution on-prem, in the cloud or via a hybrid model.

Since its founding in 2015, Immuta has built strategic partnerships with the leading cloud data technology providers. The company grew its bookings by more than 100 percent in the last calendar year, as well as doubled its employee base and added new customers across the globe.

In a media statement on the news, Immuta CEO Matthew Carroll said: “Traditional methods of data access control don’t work, don’t scale across cloud compute platforms, and can limit data utility. Immuta’s platform solves this problem elegantly without requiring data to be moved, copied, or manually provisioned. This new funding will accelerate innovation and GTM expansion so we can deliver our platform to more customers as we lead the charge to define the future of cloud data access control.”

Solutions Reviewe named Immuta one of The 16 Best Data Govenrnace Tools and Software for 2021.

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Timothy King

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Tim is Solutions Review's Editorial Director and leads coverage on big data, business intelligence, and data analytics. A 2017 and 2018 Most Influential Business Journalist and 2021 "Who's Who" in data management and data integration, Tim is a recognized influencer and thought leader in enterprise business software. Reach him via tking at solutionsreview dot com.
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