Prifender
Prifender offers a solution designed to help organizations better manage privacy while demonstrating accountability and compliance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $5.0m | Seed | |
| Total Funding | 000k | ||
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Prifender was established in 2015 by co-founders Omer Matityahu, Nimrod Luria, and Yoel Arnon, with its headquarters in Bellevue, WA, and a presence in Tel Aviv. The company operated in the enterprise data privacy and security market, offering a solution to help organizations comply with evolving data privacy regulations. The founding team brought a wealth of experience from major tech and consulting firms, including Microsoft, eBay, PayPal, and Ernst & Young. Nimrod Luria, who served as CEO, had prior experience co-founding two other startups and working at Microsoft. Omer Matityahu, the COO, and Yoel Arnon, the CTO, also held significant prior roles, with Arnon having an extensive background in software development and architecture at companies like Microsoft.
The company's core offering was an AI-powered platform designed to automatically discover and map personal and sensitive information across a company's entire network, encompassing both structured and unstructured data. This technology was developed to assist large enterprises, including Fortune 500 companies, in managing their data, meeting compliance obligations under regulations like GDPR, and mitigating risks associated with personal data. Prifender's platform provided tools to view, control, report on, and query data, enabling companies to track data flows and associate identities with their respective privacy requirements. The business model centered on providing this data loss prevention and privacy compliance solution to large corporations. In June 2018, Prifender announced a significant milestone, having raised $5 million in a seed funding round led by Firstime VC with participation from other investors. Despite its promising start, the company is now considered inactive.
Keywords: Prifender, data privacy, data compliance, AI data mapping, personal information discovery, GDPR compliance, enterprise data security, data loss prevention, cybersecurity, risk management, data governance, PII mapping, sensitive data detection, information security, enterprise software, data protection, compliance automation, network data scanning, unstructured data analysis, identity association.