Tizor Systems
Enterprises with data auditing and protection solutions for monitoring and reporting data activity in their systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Tizor Systems, founded in 2002 by Prat Moghe and other former Bell Labs researchers, specialized in enterprise data auditing and protection solutions. The Massachusetts-based company operated in the network management software and cybersecurity markets, providing services that enabled clients to monitor, report, and receive alerts on data activity across their enterprise data centers, which included databases, file servers, and mainframe applications.
The company's flagship product was Mantra, a network-based appliance designed for compliance assurance, data security, and privacy. Mantra offered features such as data discovery to locate sensitive information like credit card numbers, data activity monitoring, audit reporting, theft detection, and real-time alerts. This system helped organizations meet regulatory compliance mandates, including Sarbanes-Oxley (SOX) and the Payment Card Industry (PCI) Data Security Standard. Tizor served a global clientele that included financial institutions, insurance companies, retailers, healthcare providers, and airlines.
Throughout its history, Tizor Systems secured significant venture capital funding, raising approximately $26.6 million from investors such as Hummer Winblad Venture Partners, Longworth Venture Partners, and Masthead Venture Partners. The company's journey culminated in its acquisition by Netezza Corporation, a data warehousing and analytics appliance vendor, in February 2009 for $3.1 million. The acquisition allowed Netezza to integrate Tizor's data auditing and protection capabilities into its offerings, enabling customers to track data access history and perform forensic analysis to meet evolving regulatory requirements. Following the acquisition, Tizor Systems began operating as a subsidiary of Netezza.
Keywords: Tizor Systems, Prat Moghe, data auditing, data protection, compliance assurance, network security, Mantra appliance, Netezza acquisition, database security, information theft detection, data discovery, PCI compliance, SOX compliance, enterprise data security, file server monitoring, mainframe security, data activity monitoring, cybersecurity, network management software, venture capital.