Getvisibility (GV), a global leader in the delivery of data visibility, protection and control, has secured €10 million equity through a funding round co-led by Alpha Intelligence Capital (AIC) and Fortino Capital. Sure Valley Ventures who led the seed round are following on.IRELAND – 11 Mar, 2022 – Based in Ireland, Getvisibility enables businesses to have a single, unified view of all their structured and unstructured data. Getvisibility’s AI-based solution changes the way that companies handle their data security, by enabling them to detect and understand all of their rapidly growing data. This promotes best practice and governance, and allows organisations to benefit from the full range of data under their control.
Getvisibility already works with a number of Fortune 500 companies and governments across the US, Europe and the Middle East in multiple industries. The company has reported significant growth in regulated sectors such as healthcare, financial services and manufacturing, where there is an increasing need to classify data, protect it and understand risk.
The funds of the Series A will be used to strengthen the commercial team to serve the increased demand. Moreover, Getvisibility will also grow its engineering team to continue improving its machine learning approach to data security as well as accelerate the roll out of its “Zero Trust” suite. The Series A round will accelerate growth and service delivery to customers in Europe and MENA regions, while extending its reach in the company’s largest market, North America.
Mark Brosnan, CEO and co-founder of Getvisibility said, “We are delighted to welcome AIC and Fortino as new investors to Getvisibility. This Series A funding is important for our effort to extend our technology leadership in Zero Trust Architecture. Market response to our Synergy Pro and Focus product lines has been exceptional, and this funding enables us to build on the leadership position we have already established.”
As part of this announcement, Getvisibility has welcomed Terry Chou to the company’s Board of Directors. Terry said, “We have watched with great excitement as Getvisibility has set the standard for data classification with its context-aware AI-enabled approach. Getvisibility’s advanced Natural Language Processing capability sets them apart from other data security providers”. Terry, who is a Partner at Alpha Intelligence Capital also commented: “We look forward to supporting Getvisibility on its high-growth journey as it evolves into a one-stop-shop for data security management”.
Ronan Murphy, co-founder of Getvisibility said, “2022 is shaping up to be a massive year for the Getvisibility platform. We’re accelerating that pace of innovation, R&D, sales and marketing. As enterprises urgently need to get to grips with data security, the machine learning capabilities of Getvisibility provide real tangible return on investment, better compliance capabilities and overall superior data security.”
Ronan Murphy is available for interview
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“11/3/22: Getvisibility (GV), a global leader in the delivery of data visibility, protection and control, has secured €10 million equity through a funding round co-led by Alpha Intelligence Capital (AIC) and Fortino Capital. Sure Valley Ventures who led the seed round are following on. Pictured in Dublin are (l-r) co-founder of Getvisibility, Ronan Murphy, company CEO and co-founder Mark Brosnan and company chairman Herb Hribar. Photo: Alan Rowlette”
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Ciara McDonagh, Healy Communications on behalf of Getvisibility
Media Contact
Company Name: GETVISIBILITY
Contact Person: Ciara McDonagh
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Country: Ireland
Website: http://healycommunications.ie
