BigID was named “Most Innovative Startup” at the 2018 RSA Conference Innovation Sandbox Contest.
A judging panel comprised of venture capitalists, entrepreneurs and industry veterans selected BigID from a group of 10 finalists and announced the winner at RSA Conference 2018.
Based in New York and Tel Aviv, BigID uses advanced machine learning and identity intelligence to help enterprises better protect their customer and employee data at petabyte scale. Using BigID, enterprises can better safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU GDPR.
“We’re honored to have been considered against this group of fantastic companies and thrilled to accept this award,” said Dimitri Sirota, CEO of BigID. “We believe that privacy is a defining 21st century problem that all companies are going to have to take seriously and our hope is that we can help make it less painful for them.”
Fortanix was recognized as well by judges for Runtime Encryption.
“The long-standing tradition of RSAC Innovation Sandbox demonstrates a commitment to security innovation. It’s critical for our industry to keep a pulse on new technologies and ideas, but we must realize that those advancements aren’t just coming out of Silicon Valley anymore. This year, we received a record number of applications from companies outside of California and the U.S. Emerging tech hubs with increasing influence in the cyber security field include Tel Aviv, Denver and D.C., so it was great to see those startups up on-stage today,” said Linda Gray Martin, Director & General Manager of RSA Conference.
“Amid the fierce competition, BigID demonstrated a unique ability to help enterprises better protect their customer and employee data. We’re confident in BigID’s ability to send waves through the cyber security industry for years to come.”
This year, the RSAC Innovation Sandbox Contest team is working exclusively with leading business information destination, Crunchbase. This media partnership supports the Conference’s goal to advance the cyber security industry forward by shining a light on groundbreaking security companies.
Using data supplied by Crunchbase, RSAC calculates that in the past five years alone, the contest’s top 10 finalists have collectively seen 15 acquisitions and have received more than $1.25 billion in investments. Past winners include successful security veterans Phantom, Waratek, Red Owl Analytics and UnifyID.