CA-based LightBeam.ai secures $17.8million in funding. Vertex Ventures US led the round, including participation from angel investors, Dropbox Ventures, and current investors 8VC and Village Global.
The firm plans to continue investing in its goal of combining data security, privacy, and AI governance into a single platform, as well as to extend its go-to-market operations across sales, marketing, channel, and alliances.
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Under the direction of CEO Himanshu Shukla, LightBeam unifies and simplifies data security, privacy, and governance, empowering companies to confidently and quickly expand into new markets.
Using generative AI as a cornerstone technology, it offers an automation-first, identity-centric method of zero trust data protection.
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LightBeam provides 360-visibility, risk remediation, and compliance with PCI, GDPR, HIPAA, and other standards by combining sensitive data categorization, control, and compliance across structured, unstructured, and semi-structured data applications.
This investment comes after a period of robust business development, with the banking, financial services, insurance, healthcare, technology, and retail sectors driving approximately 300% annual client base growth.
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Himanshu Shukla said: “At LightBeam, we address these challenges head-on with our revolutionary Zero Trust sensitive data protection platform. What sets us apart is our capability to automate security and compliance workflows seamlessly, providing a frictionless experience for sensitive data governance. We are committed to providing organizations with the tools they need to navigate these challenges effortlessly, empowering them to responsibly harness the power of Generative AI.”
About LightBeam.ai
The pioneer of zero trust data protection, LightBeam.ai, unifies and streamlines data security, privacy, and AI governance so that companies may confidently and quickly expand into new markets.
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