Big Data Security Startup Dataguise Raises $13 Million
Dataguise is a “big data” security startup that has raised $13 million in Series B funding led by Toba Capital. Additional funding was provided from the investment arm of a “leading electronic conglomerate.” Dataguise is able to secure data within Hadoop.
“Having Toba Capital and other investors participate in our success will be instrumental as we enter the next phase of rapid growth and continued product innovation that is changing the dynamics of securing privacy data in Hadoop,” said Dataguise CEO Manmeet Singh. “This round of financing gives us additional runway to execute further with our growing family of channel partners and end customers, while extending our technical capabilities and aggressively expanding our footprint and market reach worldwide.”