Immuta, a Boston MA-based provider of cloud data access control solutions, raised $90m in Series D funding.
Backers included Greenspring Associates, March Capital, NGP Capital, and Wipro Ventures, as well as existing investors Ten Eleven Ventures, Intel Capital, DFJ Growth, Dell Technologies Capital, Citi Ventures, and Okta Ventures.
The company intends to use the funds to accelerate product research and development, expand sales and marketing capacity to capture demand in the U.S., EMEA, and APAC, and deepen strategic partnerships within the cloud data ecosystem.
Led by CEO Matthew Carroll, Immuta provides cloud data access control solutions, giving data engineering and operations teams an universal platform to control access to analytical data sets in the cloud. Immuta can automate access control for any data, on any cloud service, across all compute infrastructure.
Immuta Announces $90 Million in Series D Funding
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SiMa.ai, a San Jose, CA-based machine learning company advancing high-performance compute for computer vision applications, raised $80m in Series B financing.
The round, which brought the total amount raised to date to $120m, was led by Fidelity Management & Research Company with participation from Adage Capital Management and existing investors Amplify Partners, Dell Technologies Capital, Wing Venture Capital, Alter Venture Partners, and +ND Capital.
The company intends to use the funds to:
productize its first generation machine learning SoC (MLSoC™) platform, as well as jumpstart the second generation product architecture and development,
to execute go-to-market strategy, drive customer success, and expand the team and operations globally.