logo
logo

LightBeam.ai announced that it has raised $17.8M in an oversubscribed Series A funding round

Feb 02, 2024over 1 year ago

Amount Raised

$17.8 Million

San JoseSoftware Development

Investors

Angel InvestorsVillage Global8 VcDropbox VenturesVertex Ventures Us

Description

LightBeam.ai announced that it has raised $17.8M in an oversubscribed Series A funding round. The new infusion of capital will enable LightBeam to expand its go-to-market initiatives across sales, marketing, channels, and alliances, and to continue investing in its vision of converging data security, privacy, and AI governance into a single platform.

Company Information

Company

LightBeam.ai

Location

San Jose, California, United States

About

LightBeam.ai, the zero trust data protection pioneer, converges and simplifies data security, privacy, and AI governance,, so businesses can accelerate their growth in new markets with speed and confidence. Leveraging generative AI as a foundational technology, LightBeam ties together sensitive data cataloging, control, and compliance across structured, unstructured, and semi-structured data applications providing 360-visibility, risk remediation, and compliance with PCI, GLBA, GDPR, HIPAA among other regulations. Continuous monitoring with full data residency ensures ultimate zero-trust data protection. LightBeam is on a mission to create a secure privacy-first world.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech