US CyberTech Secuvy snaps up new funding

Secuvy

Secuvy, a California-based contextual data privacy and security platform, has raised an undisclosed amount in financing.

The round was led by Dell Technologies Capital and WestWave Capital. Also participating in the round were Z5 Capital.

Secuvy offers a contextual intelligence platform for data privacy, security and governance. The firm’s data oriented approach automates data discovery, classification and assessments for Fortune 1000 firms.

The company also offers unique contextual-AI privacy workflows to automate ROPA, PIAs, DSARs and data transfers to reduce efforts for data governance.

The firm also provides data protection workflows to monitor, manage and protect sensitive data with scale and visibility. Secuvy also provides a user friendly interface to reduce time, cost and efforts and provide 365 degree view of unstructured and structured data for on-prem, cloud or hybrid environments.

SecuvyAI is currently serving Fortune 1000 companies across healthcare, commerce and finance tackle privacy and compliance challenges in more than 45 countries.

Secuvy intends to use the funds to accelerate its growth plans, expand the team, and further develop and enhance its privacy & security platform.

Monarx, a security solution for web hosting, has bagged $6.1m in a recent funding round headed by Signal Peak Ventures.

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