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BigID bags another $50m round as data privacy laws proliferate

BigID bags another $50m round as data privacy laws proliferate

Almost exactly 4 months to the day after BigID  announced a $50 million Series C, the company was back today with another $50 million round. The Series C extension came entirely from Tiger Global Management. The company has raised a total of $144 million.

What warrants $100 million in interest from investors in just four months is BigID’s mission to understand the data a company has and manage that in the context of increasing privacy regulation including GDPR in Europe and CCPA in California, which went into effect this month.

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