Cisco leads new investment in AI-powered data privacy and security startup Securiti | Tech News

Data is growing exponentially which creates both opportunities and obligations for enterprises. Jumbled up with this exponentially growing data is ‘sensitive data’ that attackers perpetually go after, can be inadvertently misused by insiders and regulators incessantly want to govern. The rapid adoption of multi-cloud and edge computing is an ideal inflection point for migrating to a new architecture that would help enterprises to build a distributed security perimeter around multi-cloud data.

Enter Securiti, a Silicon Valley-based AI-powered data privacy and security startup that helps enterprises secure, govern, and comply with global data and privacy regulations. Securiti’s product suite is the world’s first PrivacyOps platform that helps automate all major functions needed for privacy compliance in one place. It enables enterprises to give rights to people on their data, be responsible custodians of people’s data, comply with global privacy regulations and bolster their brands.

Today, Securiti announced it has received new funding from Cisco Investments. The total amount of the funding was not disclosed. Securiti said it plans to work with Cisco and help its customers solve the challenge of multi-cloud and edge security, privacy, and compliance.

Securiti was founded in 2018 by Rehan Jalil with a team hailing from Symantec, The startup provides privacy and compliance for multi-cloud and self-managed systems. Securiti was also the winner of the “Most Innovative Startup” at the 2020 RSA Conference, winner of the “IAPP Privacy Innovation Award” and named one of the “Top 25 Machine Learning Startups to Watch in 2021,” by Forbes magazine. Organizations globally rely on Securiti to secure and govern data and comply with global data and privacy regulations.

“Enterprises require a common view of sensitive data and the ability to detect, track and granularly control it – whether it’s used in multi-cloud deployments, passing through SASE, shared over an API or with a third-party app, being used or being moved,” says Rehan Jalil, CEO of Securiti. “Securiti will help enable a distributed perimeter of security, privacy, and compliance controls around multi-cloud data in a unified way.”

“Enterprises can benefit from applying zero-trust to data-in-flight, data-in-use, and data-at-rest, across important control points for multi-cloud and SASE architectures,” said Morgan Mann, vice president of strategy & operations, Cisco Security Business Group. “Enabling cybersecurity, privacy, and compliance for sensitive assets and sensitive data within this architecture is another core requirement, which is why we invested in Securiti.”

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