Exonar develops a platform that discovers an organisation’s most sensitive, valuable and personal information by plugging into a network to provide an instant view of both structured and unstructured data. The product enables creation of inventories, security of sensitive data and regulatory compliance across large enterprise information estates. Exonar targets enterprises that can hold petabytes of data and addresses growing challenges in data volume and risk. Management says the investment will be used to further enhance the Exonar platform. CEO and Founder Adrian Barrett said enhancements will help customers meet current and future data demands such as GDPR and CCPA swiftly, simply and at scale. The article notes analyst estimates that the global data governance software market will grow 22% annually to $3.5bn by 2023. Exonar offers a big-data architecture that uses advanced search, language processing and machine learning to map and interpret an organisation’s data. Its product identifies issues and reduces risk to help clients address EU GDPR requirements. The company is led by founder and CEO Adrian Barrett and is based in London, UK. Exonar intends to use the new capital to expand the availability of its EU GDPR compliance solutions. To date the company has received £3.3m in funding. No revenue or user metrics were disclosed in the article.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2019