BigID raises $30 million from Advent at $1.25 billion valuation
The Israeli data intelligence company has raised $250 million in total since September 2019
Meir Orbach | 14:00 22.04.2021
BigID Inc., which develops online privacy-protection tools, took its total funding since September 2019 to $250 million after announcing on Thursday that it has raised another $30 million from Advent International via its Advent Tech fund. Advent International is one of the largest and longest-serving independent private equity partnerships in the world. The new funding is a continuation of the company's $70 million series D announced last December. The valuation of the company has remained at $1.25 billion. The latest funding was for equity only and didn't include any secondary element, unlike in previous funding rounds.