DataGuise, Inc.

DataGuise, Inc. specializes in data protection solutions that enable organizations to secure sensitive information, ensuring compliance with regulatory standards and preventing data breaches. Founded in 2007 and headquartered in Fremont, US, DataGuise, Inc. provides innovative data security solutions.

The company was acquired by PKWARE, Inc. in November 2020, with financial terms undisclosed. Adrian Booth, the founder, has a history of building businesses that focus on data protection. DataGuise has completed a total of five deals, with its latest funding round being a Series B that raised USD 13.

00 mn, led by Toba Capital, bringing the total amount raised to USD 13. 00 mn and the current company valuation to USD 42. 86 mn. DataGuise offers a specialized platform for data protection that focuses on the discovery and safeguarding of sensitive data across various formats.

Their solutions serve industries such as banking, healthcare, government, and retail, with clients like JP Morgan Chase and Western Union. The core functionalities include data encryption, masking, redaction, and classification to ensure compliance with regulations like CCPA, GDPR, and HIPAA. Their solutions operate across multiple platforms, including cloud environments and endpoints, catering to a global market particularly in North America, Europe, and Asia-Pacific. DataGuise generates revenue through a subscription-based model, allowing clients to access its suite of data protection tools via annual or multi-year contracts.

Their offerings include access to flagship products, providing tailored solutions for data security and compliance. The business model emphasizes long-term relationships, facilitating ongoing revenue through renewals and upgrades, while serving both large enterprises and small to medium-sized businesses with scalable options. DataGuise's future growth strategy involves the planned launch of new data protection products aimed at enhancing its offerings, although specific release dates have yet to be disclosed. The company is focused on expanding its market presence in North America, Europe, and Asia-Pacific.

The recent Series B funding of USD 13. 00 mn will be utilized to support these initiatives. Additionally, following its acquisition by PKWARE in November 2020, DataGuise is positioned to leverage PKWARE's resources to drive further growth and innovation.