Bedrock Security, a Menlo Park, CA-based data security company, raised $10M in Seed funding.
The round was led by Greylock.
The company intends to use the funds to expand operations and development efforts.
Co-founded by Pranava Adduri and Ganesha Shanmuganathan, Bedrock Security provides a data security platform empowered by AI reasoning engine (AIR) to deliver the speed, scale, and precision demanded by modern enterprises to embrace the current growth of data without introducing risk. AIR automatically understands what data is most material to an enterprise, effectively protecting their most valuable assets without slowing down data growth and business success. Through AIR’s technology, including data similarity, topic detection, and identity and activity analysis, the company provides a clear picture of data usage and risk within one unified platform, making it easy to set up data perimeters to ring fence regulated data and core IP, ensuring the data is excluded from use in GenAI models. Bedrock minimizes response times and maintains accuracy by employing patented technologies, including Adaptive Sampling and Trust Boundaries, as well as using user identity and role behavior data analytics, built-in remediation, and integrated workflow capabilities. Its distributed, serverless processing architecture enables organizations to achieve continuous DDR at the lowest OpEx in the industry, and quickly reduce identity overprovisioning for data access, minimize stale data, and track and contain IP.
FinSMEs
26/03/2024