Immuta, Inc., an automated data governance company, announced that it has secured $40 million in a Series C funding round led by Intel Capital to expand its leadership position in the growing market for automated data governance and privacy solutions. In addition to Intel Capital, the Series C round included participation by new investor Ten Eleven Ventures and existing investors DFJ Growth, Dell Technologies Capital, Greycroft, Drive Capital and Citi Ventures.
Immuta pioneered automated data governance with a modern, cloud-native platform for organizations that work with sensitive data subject to regulation and business rules. The company’s platform automates data access control, security and privacy compliance, ensuring each user who queries data sees only the data they’re supposed to see, for their approved purpose or role. In the past, Immuta has partnered with leading cloud data giants including Amazon Web Services and Snowflake, making it easy for customers to deploy Immuta, see immediate value, and improve return-on-investment.
Gary Schall and Morgan Monroe represented Immuta in this funding round.