Privitar

What is Privitar

Privitar provides a data privacy platform for various big data platforms and tools. This enables organizations to utilize sensitive data without compromising privacy or security.

Recently, the company raised $80 million in a Series C round led by Warburg Pincus and including Accel, Partech, IQ Capital and Salesforce Ventures.

What it does

Privitar is a data privacy software company that assists organizations protect sensitive and personal data. It offers privacy-preserving data management tools to guarantee compliance with regulations and customer privacy rights.

Established in 2014, Privitar is based in London and employs 140 personnel. To date, the company has raised a total of $40 million in funding – led by Accel in a Series B round – as well as backing from Warburg Pincus, Partech, IQ Capital and Salesforce Ventures.

Privitar’s platform automates and accelerates the provision of privacy-preserving data, helping organizations unlock more business value from their data to facilitate efficient decision making. It ensures users comply with regulatory standards like GDPR, have control over how datasets are lined up and where they go, while reducing their privacy risk through policy-based tools that eliminate privacy attacks.

Privitar’s de-identification capabilities are its greatest strength. It utilizes k-anonymity and data masking to scrub any identifying information from a dataset, making it simpler for data scientists to query data without fear of re-identification.

Privitar’s privacy policies can be created by any team or individual within an organization, giving them control over the data protection level for specific datasets. The system then applies those policies to every dataset pushed out to the cloud or stored in a data lake using consistent rules and logic regardless of which architecture is employed.

Why it’s valuable benefits and advantages

Privitar helps organizations around the world realize the potential of one of their most valuable assets – secure, usable data. Utilizing leading privacy engineering techniques, Privitar provides comprehensive data protection and simplifies data provisioning – enabling data-driven businesses to maximize value from sensitive information while respecting customer privacy.

Established in 2014, Privitar provides data provisioning platforms to customers around the world with offices in London, Boston and Singapore. Their cutting-edge platform enables self-service access to secure information while collaborative workflows and policy-based controls embed security and privacy into every step of the process.

With ever-increasing regulations and consumer demand, organizations are faced with the challenge of fostering data innovation while adhering to privacy standards. Privitar’s Modern Data Provisioning Platform gives businesses the keys to unlock the full potential of their data by ensuring the correct people have access at the correct time.

Additionally, Privitar’s seamless native pattern for Amazon Web Services gives customers the power to protect sensitive data in AWS with minimal setup and upkeep. Leveraging AWS Glue, this new pattern enables users to discover, prepare, and combine data from Amazon S3 with minimal configuration before storing it safely in the cloud.

Privitar is a trusted partner to data-driven enterprises around the world, helping them unlock the full potential of their sensitive data to fuel innovation. Through partnerships with AWS, Privitar provides end-to-end data protection solutions that enable customers to securely and efficiently manage the use of their private information.

How it works

Privitar offers data privacy software to organizations to help them responsibly and ethically utilize sensitive data. By employing leading privacy engineering techniques, it helps companies maximize the value of their information while protecting customer privacy.

Established in 2014 with headquarters in London, Privitar has seen exponential growth over the past three years to serve over 300 customers around the world. Their modern data provisioning platform integrates automated workflows for data registration, policy assembly and access approval with policy-based data security and privacy controls so businesses can get maximum value out of their data usage.

Privitar provides a single, consistent set of privacy policies across various data processing patterns and environments, such as databases, lakes, and pipelines. By applying protections where data resides – in a database or on a data lake – companies can quickly deliver more secure applications to their users while minimizing data breaches and enabling responsible data operations.

Privitar offers data protection solutions that span custom applications and data pipelines, enabling flexible application of policies to any type of data regardless of its storage or processing location. With their new Privitar On Demand (POD) capability, customers can apply policies across any processing pattern – even when pushing it into a data lake or streaming it into an online app.

What it replaces and improves

Privitar is a data provisioning start-up headquartered in London with offices around the US and Europe that strives to empower businesses with responsible data use while adhering to data privacy laws. By giving businesses insights from data, they accelerate time to market, help acquire and retain customers, enhance customer experience and identify inefficiencies which ultimately increase revenues while decreasing costs.

The company provides several data privacy solutions such as homomorphic encryption, redaction and substitution. These techniques mask or remove certain data elements to make it harder to trace or identify the individual whose information is being processed.

Though these techniques can reduce data identifiability, they often suffer from accuracy degradation and may not meet regulatory or compliance requirements. Furthermore, manual intervention steps must be taken in order to identify which data fields should be masked, tokenized or removed.

Privitar SecureLinkTM is a multiparty solution that utilizes blind matching and homomorphic encryption to facilitate data collection from multiple parties while upholding privacy concerns. It enables linking of data sets that share common identifiers, but these identifiers remain encrypted at their sources and never decrypted.

Why it is unique

What sets Privitar apart is its capacity to utilize data in order to create an end-to-end solution that’s both safe and secure. It employs techniques like scalability and compliance, resulting in efficient yet effective use of your information stored within.

Privitar is an award-winning technology company that provides enterprise software products for organizations of all sizes and industries. Its flagship product, Privitar Data Management, is a multi-platform data management platform designed to manage data from all systems of record – cloud, legacy and on premise – including data warehousing, master data management, big data management and analytics. Furthermore, they provide customer support, professional services and managed service offerings as well. Founded in 2014 in London with offices around the world including Boston and Paris; Privitar holds memberships in British Tech Innovation Council as well as UK Big Data Association memberships.

Privitar Data Management platform is engineered to offer an advanced data management experience at speed and scale, meeting the demands of today’s fast-paced business world. Organizations can utilize Privitar’s patented platform for digital transformation objectives – from creating customer and employee data lakes to setting up secure cloud environments that deliver an omnichannel experience, all the way through regulatory compliance.

What is on the roadmap

Privitar is a fast-growing, venture capital-backed technology leader that creates data privacy software to enable analytics and machine learning. They partner with large organizations across financial services, telecommunications, pharmaceutical, and government to maximize the value of their data without compromising privacy or security.

Recently, the company has raised $16m in Series A funding from Partech Ventures with participation from CME Ventures and Salesforce Ventures as well as existing investors IQ Capital, 24Haymarket and Illuminate Financial. This investment will allow them to accelerate product delivery, protect their core IP, and expand into key geographies like the US.

The company is expanding rapidly, with offices in London, Boston, Paris and Munich. It employs 190 people worldwide and was recently recognized by The Sunday Times as one of the “10 Tech Ones to Watch,” ranked #40 on Deloitte Technology Fast 500 for EMEA (2020) and named one of FinTech50.

To accommodate their rapid expansion, Privitar has strengthened its executive leadership team. Victoria Normark was appointed Chief Technology Officer, Pat Walsh as Chief Marketing Officer, and Bill Ziske was promoted to Senior Vice President of Sales in North America.

Privitar’s expanding executive leadership team will enable it to further hone its industry-leading data privacy capabilities and modernize its Data Provisioning Platform. The new hires bring with them a wealth of software and security industry experience, helping Privitar accelerate its global growth strategy while positioning it as an industry leader in modern data provisioning.

Frequently Asked Questions

What is Privitar? Privitar is a data privacy and security platform that provides organizations with the tools to securely protect and manage sensitive data. It enables companies to reduce the risks associated with sharing, storing, and using confidential information by ensuring data is accessed in a secure and compliant way. The company helps companies make sure they comply with relevant regulations such as GDPR, HIPAA, and CCPA.

How does Privitar help protect data? Privitar uses a suite of tools and technologies to secure data, including encryption, masking, access control, privacy by design, risk mitigation and auditing & compliance tracking. This ensures that only authorized users have access to sensitive data and that the data remains secure at all times.

What regulations does Privitar comply with? Privitar complies with regulations such as GDPR, HIPAA, and CCPA. This helps to ensure that companies are meeting the necessary compliance standards and can be confident that their data is protected.

What are the features of Privitar’s data security and privacy platform? The platform offers a range of features designed to keep data safe and secure, including data encryption , data masking, access control, privacy by design, risk mitigation and auditing & compliance tracking. It also provides secure data sharing & storage, automated data governance and user authentication.

How does Privitar secure data access and sharing? Privitar uses a combination of technologies to ensure that only authorized users have access to sensitive data. This includes role-based permissions management, dynamic security measures, and data obfuscation.

How does Privitar ensure compliance with regulations? Privitar helps organizations to meet regulatory requirements by providing tools for auditing and tracking compliance. It also provides an automated data governance system that can be used to quickly detect and address any non-compliance issues.

How can organizations benefit from using Privitar? Organizations can benefit from using Privitar in a number of ways. It helps to ensure data is secure at all times, reducing the risk of data breaches and other security incidents. It also helps organizations to meet regulatory requirements and ensures that only authorized users have access to sensitive data.

What does Privitar do to reduce risks associated with data usage? Privitar uses a range of technologies to reduce the risks associated with using sensitive data. This includes encryption, masking, access control, privacy by design, and risk mitigation.

How does Privitar help organizations audit and track compliance? Privitar provides automated auditing and tracking capabilities that enable organizations to quickly identify any potential non-compliance issues. It also offers reporting and analytics features to provide insights into how data is being used and ensure regulatory requirements are met.

Facts and Figures

Privitar is a data security and privacy platform that helps organizations protect sensitive data.

The platform provides encryption, masking, access control, privacy by design, risk mitigation and auditing & compliance tracking.

Privitar complies with regulations such as GDPR, HIPAA, and CCPA to ensure companies are meeting necessary compliance standards.

Privitar provides automated data governance capabilities to ensure user access is managed appropriately.

The platform enables users to share data securely and store confidential information in a secure environment.

Privitar offers reporting and analytics features so organizations can gain insights into how their data is being used.

Privitar has been adopted by a number of major companies, including Microsoft, Deloitte, and Lockheed Martin.

Privitar was founded in 2016 and is headquartered in London, England.

Privitar has raised $20 million in total funding to date.

The platform has been recognized with several awards, including the 2019 Gartner Peer Insights Customers’ Choice Award for Data Masking Solutions.