Okera, a secure data platform, has collected $15m in its funding round as it looks to expand its engineering, sales and marketing efforts.
The round was led by cybersecurity company ClearSky Security, with other contributions coming from previous Okera backers Bessemer Venture Partners and Felicis Ventures.
With the close of the round, the FinTech has raised a total of $29.6m in funding.
Okera enables companies to comply with data security regulations and deliver secure data access in multi-cloud and hybrid cloud environments. Its technology enables users to automatically discover and audit data usage in their data lake, create access policies through a policy engine and enforce fine-grade access.
Sensitive data can be dynamically protected through functions including tokenization, anonymization, pseudonymization, redaction, and masking.
In conjunction with the deal, former president and CEO of analytics platform Zoomdata Nick Halsey has joined Okera as CEO and board member. Timothy Eades, the CEO of cybersecurity solution vArmour, has been named the executive chairman of Okera and Patrick Heim, partner and CISO at ClearSky, has joined the board.
“In my role as a CISO, I understand that one of the biggest challenges facing companies is securing access to data while being compliant with rapidly evolving privacy regulations,” said Heim. “I was impressed with Okera’s technology and how easily it can be implemented to create a tremendous opportunity for enterprises to shift from a reactive posture for each new data security challenge to building security into their infrastructure from the ground up.”
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