Immuta today announced it has raised $20 million in Series B funding led by DFJ Growth, with participation from new investors, Dell Technologies Capital and Citi Ventures, and existing investors, Drive Capital and Greycroft. The investment will be used to accelerate global customer growth and extend product leadership for Immuta’s data management platform for artificial intelligence (AI). Immuta is the only company to enable data scientists, data owners and governance teams to work together in a single digital platform to access data faster, and in a legal and ethical manner, lowering business risk and bridging the gap between the law and AI.
Immuta was founded in 2014 based on a mission within the U.S. Intelligence Community to build a platform that accelerates self-service access and control of sensitive data. Immuta’s award-winning automated data governance software platform creates trust across security, legal, compliance, and business teams so they can work together to ensure timely access to critical business data with minimal risks. Its automated, scalable, no code approach makes it easy for users to access the data they need, when they need it, while protecting sensitive data and ensuring their customers’ privacy. Immuta is headquartered in College Park, Maryland.