Singapore-based information protection start-up Dathena raises $12 million Series A

Singapore-based information protection start-up Dathena raises $12 million Series A

Dathena, a Singapore-based business that provides AI-based data protection and privacy services, revealed it has raised a $12 million Series A. Part of the funding will be utilized to broaden Dathena’s co-sell collaboration with Microsoft in the United States, which is targeted to Azure Cloud and Microsoft 365 clients who need to adhere to new […] Dathena CEO and co-founder Christopher Muffat told TechCrunch that the new funding will also be utilized to grow the business’s R&D efforts to develop a plug-and-play and self-service platform, and hire more sales, marketing and consumer support personnel for users in North America and Europe. Muffat identified Dathena’s main competitors as DocAuthority, MinerEye and Exonar, which also safeguard and organize enterprise data. Dathena strives to distinguish by being data-source agnostic, so any ETL (extract, transform, load) tools can be plugged into its platform, permitting information sets from almost any source to be imported. In a press statement, Jungle Ventures Amit Anand establishing partners said, “Dathena’s international growth positions the tech leader to capitalize on the quick advancement of the $120 billion data protection market….