Immuta Announces Record Annual Growth and Rising Market Share in DataOps Technology Market
Surging Market Demand for Automated Data Access and Privacy Controls Fuels Triple Digit Revenue and Employee Growth
Expanded Cloud Partner Network Now Includes Snowflake, Databricks, Starburst, and Leading Public Cloud Services
BOSTON–(BUSINESS WIRE)–Immuta, the automated data governance company, today announced record growth in 2020 as it extended its leadership position in the rapidly growing market for DataOps technology and services. Over the past 12 months, Immuta grew net new business bookings by more than 115%, doubled its full-time headcount, and was recognized for product innovation by Fast Company (#30 World’s Most Innovative Company), Credit Suisse (Disruptive Technology Award Winner), and Databricks (2020 ISV Rising Star Award Winner).
“In a year when many tech companies faced headwinds from the COVID-19 pandemic, Immuta thrived as global brands accelerated digital transformations, invested in DataOps teams, and continued investments in cloud-based analytics platforms,” said Matt Carroll, Immuta’s CEO. “The need to deliver high-quality, secure, democratized data access through the cloud has become a strategic imperative for organizations across all industries. And more of these organizations are turning to Immuta to automate cloud access and governance — unlocking more data, delivering faster insights, and fueling the next wave of data-driven innovation.”
Immuta raised $40M in Series C funding in June of last year, investing heavily in product and engineering, customer success, sales and marketing, and alliances to support explosive demand for automated data access and governance. Over the last 12 months, the company more than doubled its worldwide customer base of top banks and insurance companies, healthcare and life sciences companies, government organizations, consumer products companies, and data-driven technology providers. Immuta customers include three top U.S. banks, two top U.S. health insurance companies, two top global automotive manufacturers, and several global consumer product and entertainment companies.
Immuta also expanded its partner network of top cloud data platforms, which now features Databricks, Snowflake, Starburst, Azure Synapse, Google BigQuery, Amazon Redshift, and other popular analytics tools and platforms. According to Immuta’s Data Engineering Survey: 2021 Impact Report, 75% of data teams plan to adopt at least one cloud data platform in the next 12-24 months, with 52% planning to adopt two or more platforms. Immuta provides DataOps teams a centralized data access and control hub to simplify the discovery and tagging of sensitive data, authoring and enforcement of access control policies, and auditing of data queries and views — all without requiring any data copies or complex data preparation steps.
Additional highlights from Immuta’s last fiscal year include:
- Innovation: Immuta introduced new privacy and security automation capabilities that help organizations fully leverage cloud-based data analytics and data sharing — even on their most sensitive data sets. Immuta also achieved the Amazon RDS Ready designation, part of the AWS Service Ready Program, which recognizes that Immuta has demonstrated successful integration with Amazon RDS.
- Leadership: Immuta strengthened its leadership team with the additions of Rob Bailer as VP, Finance; Travis Smith as GM, Healthcare; Nancy Patel as GM, Public Sector; and Matt DiAntonio as VP, Product Management.
- Expansion: Immuta grew its European go-to-market team, expanded into the Dutch market, and won a number of landmark customers in EMEA and APAC.
To learn more about Immuta or schedule a demo, please visit: https://www.immuta.com/demo/.
Immuta was founded in 2015 based on a mission within the U.S. Intelligence Community to accelerate self-service access to and control of sensitive data. The Immuta Automated Data Governance platform today powers compliant BI, analytics and data science for the world’s most data-driven organizations. Data engineering and DataOps teams rely on Immuta to deliver governed data to more users, faster, by dynamically adapting data views for each user based on intelligent data policies and Privacy Enhancing Technologies (PETs). Immuta’s automated, scalable, cloud-native approach makes it easy to catalog data, build security and governance policies, foster self-service access and collaboration, and audit data use. Selected by Fast Company as one of the World’s 50 Most Innovative Companies, Immuta is headquartered in Boston, MA with offices in College Park, MD and Columbus, OH. Learn more at www.immuta.com.
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