Optiq

Optiq.ai, legally known as Fairywren Private Limited, was co-founded in 2021 by CEO Keshav Murthy and CTO Harsh Sahu. The founders brought together their respective expertise in DevSecOps and software development, with Murthy having worked at multinational companies like VMware and Intuit, and Sahu at scaleups such as Rivigo and Observe.ai. The Bengaluru-based company, with a headquarters in Palo Alto, California, aims to address the friction between developer and DevOps teams by simplifying data security and cloud compliance.

The company operates in the data security and network management software industry, targeting organizations that handle sensitive data in cloud environments, including those in the finance, healthcare, and technology sectors. Optiq.ai's business model relies on direct sales through an SDR team and partnerships with compliance companies like Vanta and Scrut Automation, which refer clients needing data security tools for regulations such as PCI-DSS, HIPAA, and GDPR. A significant milestone was achieved in October 2022, when the company secured $1.5 million in a seed funding round led by Better Capital, with participation from Carya Ventures and several angel investors.

Optiq.ai provides an AI-powered data security platform that helps businesses secure sensitive information across various infrastructures, including cloud, on-premise, and SaaS applications. The platform's core function is to automatically discover and classify sensitive data, such as PII, PHI, and financial information, using an LLM-driven engine that boasts over 99% accuracy. This allows companies to gain a complete view of their data landscape without installing agents. Key features include Data Security Posture Management (DSPM), which identifies security and compliance exposures, and Advanced Data Detection and Response (DDR), which uses an AI-powered engine to detect threats like data exfiltration and misuse in real-time. The platform also assists with data governance by enforcing a zero-trust approach to data access and helping organizations comply with regulations like SOC 2, ISO 27001, and GDPR.

Keywords: data security, cloud security, DevSecOps, data classification, data governance, compliance management, Data Security Posture Management (DSPM), cloud compliance, AI-powered security, sensitive data discovery, threat detection, access control, data privacy, infrastructure security, network management software, zero-trust security, data breach mitigation, regulatory compliance, cybersecurity, insider risk management