Salesforce Ventures co-led a round that pushed the data protection software developer's valuation past the $1bn mark.
BigID, a US-based developer of data protection software, has received $70m in a series D round co-led by Salesforce Ventures, the corporate venturing unit for enterprise software provider Salesforce.
Hedge fund manager Tiger Global Management co-led the round, which also featured Glynn Capital, Bessemer Venture Partners, Scale Venture Partners and Boldstart Ventures. It increased the total raised by the company to more than $216m, and its valuation to over $1bn.
Founded in 2016, BigID provides software that uses machine learning…
