Brainwave

Brainwave

A French independent software company.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201520162021
Revenues000000000000
EBITDA000000000000
% EBITDA margin--22 %
Profit000000000000
% profit margin--13 %
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

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More about Brainwave
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Brainwave GRC operates as a software vendor specializing in Identity Analytics and Intelligence (IAI), a niche within the Governance, Risk, and Compliance (GRC) market. The company was established in France in 2010 by a team of IT security specialists, including Cyril Gollain and Eric Bacher. The founders identified a critical gap in the market, recognizing that traditional Identity and Access Management (IAM) systems were often insufficient for adequately controlling risks related to user access rights.

The core of Brainwave's business is its software solution, Brainwave Identity GRC, which provides organizations with deep analytical capabilities to manage identity governance and compliance. The platform automates the inventory of all access permissions, including those for unstructured data, and enables continuous monitoring of user privileges. This allows clients, which span public and private sectors in regions like Europe, the Middle East, Africa (EMEA), and North America, to conduct thorough reviews of access rights, identify security gaps, and enforce security policies. The business model centers on selling this software to enterprises that need to secure sensitive assets, prevent fraud, and comply with regulations. By analyzing who has access to what, the solution helps mitigate risks from both internal and external threats across on-premise and cloud environments.

A significant milestone for Brainwave GRC was its acquisition by Radiant Logic, an Identity Data Fabric company, with the deal being finalized in April 2023. This strategic merger was positioned to create a comprehensive identity data platform by combining Radiant Logic's data federation and observability with Brainwave's analytics. The combination aims to provide customers with a more robust, data-centric approach to security, speeding up time-to-value by streamlining complex Identity Governance and Administration (IGA) deployments. Following the acquisition, Brainwave was set to maintain independent operations for a period while the platforms are progressively integrated.

Keywords: Identity Analytics, Identity Intelligence, GRC, access governance, risk management, compliance, data security, IAM, IGA, user access rights, cybersecurity, fraud prevention, access review, security policy enforcement, insider threat detection, Radiant Logic, Cyril Gollain, Eric Bacher, identity data platform, access control

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