Tech Company Financing Transactions
LightBeam.ai Funding Round
On 2/1/2024, LightBeam.ai raised $17.8 million in investment from Vertex Ventures, 8VC and Dropbox.
Transaction Overview
Company Name
Announced On
2/1/2024
Transaction Type
Venture Equity
Amount
$17,800,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its go-to-market initiatives across sales, marketing, channel, and alliances, and to continue investing in its vision of converging data security, privacy, and AI governance into a single platform.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
460 California Avenue 205
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Overview
LightBeam ai the zero trust data protection pioneer, converges and simplifies data security, privacy, and AI governance, so businesses can accelerate their growth in new markets with speed and confidence. Leveraging generative AI as a foundational technology, LightBeam ties together sensitive data cataloging, control, and compliance across structured, unstructured, and semi-structured data applications providing 360-visibility, risk remediation, and compliance with PCI, GLBA, GDPR, HIPAA among other regulations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Himanshu Shukla
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We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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