SINGAPORE, November 8, 2018 – Dathena Science, the Leading AI-powered Data Protection and Management Platform announce the closing of the Pre-Series A funding round led by CerraCap Ventures, a global AI investment Venture fund headquartered in California.
“At a time when organizations are investing significantly in the Data Protection and Data Privacy spaces, we see exceptional value in Dathena’s unique offering and intellectual property,” said Saurabh Ranjan, CEO, CerraCap Ventures.
Enterprises around the world face the daunting challenge of protecting and securing exponentially growing data sets, responding to ever-stricter regulation, and increasing market expectations with regards to privacy protection.
Built on cutting edge AI technologies (Natural Language Processing, Machine Learning, Deep Learning), Dathena’s suite of products helps organizations identify Personally Identifiable Information (PIIs)automatically, evaluate readiness and remediation to Data Privacy compliance, classify data, detect security anomalies and protect sensitive information in a seamless, comprehensive and thorough process.
“We are excited to expand our portfolio in Asia through this investment. Dathena’s transformational technology is key for organizations to understand and protect their data, including meeting the recent data privacy regulations such as GDPR” said Vikas Datt, Partner CerraCap Ventures. As part of the deal, Vikas Datt will join Dathena’s Board as an Observer.
The Cerracap investment marks a new step for Dathena in 2018. The Singapore based-company has been recognized as a “Cool Vendor” by Gartner in Application and Data Security as well as Artificial Intelligence in Asia. Dathena is also part of the NVIDIA Inception Program and has partnered up with Ecole PolytechniqueFédérale de Lausanne, a prestigious research institute and international university, and with PWC Switzerland. Dathena also recently opened an office at Station F in Paris sponsored by Thales Group’s Digital Factory. “We are delighted to partner with CerraCap Ventures. This investment will help us fund key hires for our Singapore and European offices in order to respond to exceptional demand from clients and partners for our products and also prepare for US expansion“said Christopher Muffat, CEO of Dathena.
Existing shareholder Demetis also took part in the pre-Series A funding round.
About Dathena Science
Dathena is a Singapore headquartered company bringing a new paradigm to privacy and data security protection by enabling organizations around the world to take back control of their data. Leveraging the power of AI, Dathena’s platform is delivering breakthrough solutions with unprecedented efficiency, speed, and accuracy to secure the entire “privacy and data security protection journey” of its clients.