UPDATED 11:00 EST / MAY 04 2023

SECURITY

Data security startup Immuta adds Databricks as a strategic investor

Data security startup Immuta Inc. today announced a new strategic investment from Databricks Ventures, the investment arm of big data and machine learning software provider Databricks Inc.

The investment is said to build on a longstanding partnership between the two companies and positions Immuta as a Databricks trusted partner of choice for data security and access control. The investment amount was not disclosed, but the funding will be used for product development that strengthens the integration between the Immuta and Databricks platforms and for new go-to-market initiatives to increase enterprise adoption.

Founded in 2015, Immuta offers data teams a universal platform to control access to analytical data sets in the cloud. Its Data Security Platform provides sensitive data discovery, security and access control and data activity monitoring.

The company’s platform is designed to integrate seamlessly into cloud environments, with native integration with leading cloud vendors. The service follows the National Institute of Standards and Technology cybersecurity framework and covers the majority of data security needs for most organizations.

The investment by Databrcks comes at a time when Immuta is experiencing strong growth, with the company reporting a 200% increase in annual recurring revenue for its Data Security Platform software-as-service offering as it has expanded globally into Europe, the Middle East, Africa and the Asia-Pacific region. Notable Immuta customers include Roche Holding AG, Mercedes-Benz Group AG, International Consolidated Airlines Group SA and the U.S. Army.

“Over the last six years, we’ve been successfully collaborating to serve global enterprise customers like ADP, Swedbank and many others,” Ali Ghodsi, Databricks’ co-founder and chief executive, said in a statement. “By integrating directly with Databricks Unity Catalog, Immuta provides a seamless way for our joint customers to protect their data in the Databricks Lakehouse.”

Immuta CEO Matt Carroll (pictured) added that the joint partnership with Databricks means Immuta is now embedded in some of the largest and most complex cloud data projects across industries. “With this new investment, we’re going to make our tight integration with Databricks Unity Catalog even better so that our customers can take data security to a new level and continue to unlock more value from their data,” Carroll added.

The investment by Databricks followed a similar investment into Immuta by ServiceNow Inc. in February.

Carroll spoke with theCUBE, SiliconANGLE Media’s livestreaming studio, in June about how enterprises worldwide are struggling with the complexity of data policies, rules and regulations and how the security industry is changing to meet those needs.

Photo: SiliconANGLE

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