Immuta 90m 169mwiggersventurebeat, a data governance startup, has also raised $90 million in a funding round led by venture capital firm Greenspring Associates. The company plans to use the funds to expand its product offerings and hire more employees. Immuta’s platform helps companies automate data governance, which is the process of managing and protecting sensitive data. The platform allows companies to set policies for how data can also be used, and then automatically enforces those policies across all of their data sources.
How Immuta works
Immuta’s platform works by creating a layer between a company’s data sources and the applications that use that data. This layer also acts as a gatekeeper, enforcing policies that have been set by the company’s data governance team. For example, if a company has a policy that says customer data can only be accessed by employees. Who have been trained on how to handle that data. Immuta’s platform will ensure that only those employees are able to access that data. The platform also provides auditing and reporting capabilities, allowing companies to track who has accessed their data and how it has been used.
The importance of data governance
Data governance is becoming increasingly important as companies collect more and more data. With the rise of big data and machine learning, companies are able to gain insights from their data that were previously impossible. However, with this increased access to data comes increased risk. Companies need to ensure that their data is being used in a responsible and ethical manner. And that sensitive data is being protected. Immuta’s platform helps companies meet these challenges by automating the data governance process. By setting policies and enforcing them automatically, companies can ensure. That their data is being used in a responsible and ethical manner.
Conclusion
Immuta’s $90 million funding round is a testament to the importance of data governance in today’s business world. With the rise of big data and machine learning, companies also need to ensure that their data is being used in a responsible and ethical manner. Immuta’s platform helps companies meet these challenges by automating the data governance process. Allowing companies to set policies and enforce them automatically. With this funding, Immuta will be able to expand its product offerings and help even more companies automate their data governance processes.