Irish company Getvisibility has secured €10 million equity through a funding round co-led by Alpha Intelligence Capital and Fortino Capital.
The company uses AI to change the way companies handle their data security, which it says 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 Europe, the US and the Middle East.
It 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 company said the Series A funding will be used to strengthen the commercial team to serve the increased demand.
It also also said it will grow its engineering team to continue improving its machine learning approach to data security.
"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," the company said in a statement.
Ronan Murphy, co-founder of Getvisibility said they are accelerating the 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," he added.
