TLDR:
- Cyberhaven, a San Jose-based data detection and response company, raised $88M in Series C funding.
- The funding round was led by Adams Street Partners and Khosla Ventures, among others.
In a recent funding round, Cyberhaven, a San Jose-based company specializing in data detection and response (DDR), raised $88M in Series C funding. The round was led by Adams Street Partners and Khosla Ventures, with participation from several other venture capital firms and individual investors. As part of this financing, Fred Wang from Adams Street will join Cyberhaven’s board of directors. The company plans to use the funds to expand its product offerings, increase market reach, and further its mission to protect sensitive data.
Cyberhaven, led by CEO Howard Ting, is an AI-powered data security company that focuses on detecting and stopping critical insider threats to important data. The company’s technology is designed to protect intellectual property that traditional data loss prevention tools often overlook, such as source code, product designs, and customer records. With its data lineage technology and AI model, Cyberhaven is able to classify sensitive information, identify when it is at risk, and take action to secure it. The company’s AI technology analyzes workflows to understand data within an organization, assess risk, and implement protective measures.
