Digital
Guardian today announced it has received $30 million in additional
financing. LLR Partners, a leading private equity firm and existing
investor, was the lead on the round and previous investors also
participated. These investors recognize with the onslaught of new data
protection regulations like GDPR and the newly passed California
Consumer Privacy Act, the global demand for data protection solutions
will continue to rise dramatically, positioning Digital Guardian for
significant future growth.
“We are seeing increasing demand from organizations around the world for
next-generation data protection solutions that secure sensitive
information against both insider threats and external attacks,” said
Mordecai Rosen, chief executive officer, Digital Guardian. “With this
strategic investment and new leadership at the helm, we will be able to
successfully capitalize on the growing demand by accelerating product
development and innovation.”
“With the advent of new compliance and privacy regulations, there is a
tremendous market opportunity for a company that specializes in
effective data protection,” said David Stienes, partner, LLR Partners.
“We value Digital Guardian’s mission of protecting the most sensitive
data assets for the world’s leading organizations and have the highest
degree of confidence in Mordecai and his new executive team. We are
pleased to support their next phase of growth and development.”
Digital Guardian’s cloud-delivered Digital Guardian Data Protection
Platform now secures more than 4.5 million endpoints across 50 countries
worldwide in high-growth verticals, including financial services,
manufacturing, healthcare, technology, and professional services.
To satisfy demand for the cloud-delivered Digital Guardian Data
Protection Platform, the company expanded its bench with new management
team additions for engineering, corporate strategy and product
management.
Executive Appointments
• Constance (Connie) Stack, Chief Strategy Officer and Chief Marketing
Officer. Connie joined Digital Guardian in 2013 as Chief Marketing
Officer and led the efforts to rebrand the company and begin its
transformation from a virtual unknown cybersecurity player to an
award-winning, Gartner and Forrester recognized market leader in data
loss prevention and endpoint detection and response. In her new role,
Connie will help set the corporate strategy to ensure Digital Guardian’s
offerings meet ever-evolving market needs and support the continued
growth of the business. In addition to her new responsibilities, Connie
will also continue to lead the global marketing team.
• Debra Danielson, Chief Technology Officer and SVP of Engineering.
Debra has held technical, strategic, operational, and managerial
leadership roles over her 25+ year career. Prior to joining Digital
Guardian, Debra was a Distinguished Engineer and SVP, Merger and
Acquisition Strategy at CA Technologies, where she was responsible for
identifying opportunities within emerging technologies, markets, and
products. Debra will be responsible for leading the technical vision
while overseeing the day-to-day operations of the engineering function,
including product development, quality assurance, and sustaining
engineering.
• Ben Cody, Senior Vice President, Product Management. Ben will lead the
product strategy for all of Digital Guardian’s product and service
lines. He will work closely with sales, product marketing and field
engineering on go to market strategy and product lifecycle management.
Ben’s entire 26+ year career has been dedicated to building world class
enterprise software products. Prior to joining Digital Guardian, Ben was
Vice President of Product Management at McAfee and was responsible for
data protection and platform technologies.
About Digital Guardian
Digital Guardian provides the
industry’s only data protection platform that is purpose-built to stop
data theft from both insiders and external adversaries. The Digital
Guardian Data Protection Platform performs across the corporate network,
traditional endpoints, and cloud applications. It’s buttressed by the DG
Cloud, a big data security analytics backend that sees and blocks all
threats to sensitive information. For more than 15 years, it has enabled
data-rich organizations to protect their most valuable assets with a
choice of on premises, SaaS or managed service deployment. Digital
Guardian’s unique data awareness, combined with threat detection and
response, enables organizations to protect data without slowing the pace
of their business. To learn more please visit: https://digitalguardian.com/
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