Singapore data firm Dathena closes round led by Japan’s MS&AD Ventures

Dathena
Dathena team photo from company website.

Singapore-based AI-powered big data firm Dathena has announced the close of a funding round led by Japan’s MS&AD Ventures Inc, allowing the startup to support its global deployment and expansion, according to a statement.

The amount raised in the funding round was not disclosed but Dathena said it was participated by CerraCap Ventures, the lead investor in its seed round that closed in November 2018, and Demetis.

The company is planning another funding round later this year to support further scaling and establish itself as a “global leader” in data protection.

Dathena, launched in 2016, enables data identification, compliance, and protection by harnessing the power of artificial intelligence. It has offices in Singapore, France, and Switzerland.

The company said, its suite of products help organisations prevent data loss and promote data privacy compliance by identifying, classifying, and protecting sensitive information in a comprehensive and accurate process.

The company was founded by Chris Muffat, who is now CEO. Muffat worked with HSBC as lead investigator of Swiss Leak, the largest data leak in Swiss banking history.

Also Read:

Japan’s MS&AD to invest $1b for 15% stake in UK’s ReAssure Jersey