SANTA CLARA, Calif.--(BUSINESS WIRE)--Baffle, Inc. today announced that it was selected as a 2021 SINET16 Innovator Award winner for its cloud data protection platform. Baffle’s solution offers the fastest and easiest method to secure cloud data to fundamentally address the challenge of who can see what data. The 16 companies were chosen out of hundreds from across the globe by a panel of cybersecurity industry experts representing Fortune 500 CISOs, risk executives, and the world’s leading venture capitalists and investment bankers. This news follows that of Baffle’s $20M Series B fundraise in August.
“I am excited to announce this year’s class of SINET16 Innovators, who are emerging as leaders in their field and paving the way for critical security advancements into multiple government agencies and industry sectors,” said Robert Rodriguez, chairman and founder, SINET. “We are proud to play a role in accelerating innovation into a global marketplace by increasing the awareness of value-add technologies in the cybersecurity industry.”
Companies are selected for the SINET16 based on cumulative scoring on the following rigorous criteria:
- The urgency in the marketplace for their products and solutions
- How innovative and unique their solutions are
- How well their products and technologies solve real and significant cybersecurity problems
- What advantages exist over other solutions
- The companies’ ability to succeed based on the state of their product, capital, and leadership
Baffle protects data in the cloud—supporting major cloud platforms like Amazon Web Services, Microsoft Azure, Google Cloud’s Platform, and IBM Cloud—via a no-code, simple-to-deploy security mesh without any performance impact or changes to applications. The solution has been recognized as the fastest and easiest way to transform sensitive data records as they are ingested, and only reveal them to authorized data accesses.
With more than two dozen customers—including a Fortune 25 industrial conglomerate, as well as Fortune 100 financial and healthcare institutions—Baffle’s solutions are trusted by some of the largest, most complex enterprises to help ensure data is protected no matter where it resides or how it is being used.
“This award is a strong testament to the groundbreaking work everyone at Baffle is doing to counter the increasing threat of massive data breaches,” said Ameesh Divatia, CEO of Baffle. “We have experienced triple growth over the past year as we protect more than 100 billion records across highly regulated industries. Baffle’s unique cloud data security approach vastly streamlines the operational overhead of securing the modern data pipeline. This recognition is gratifying, and further fuels our innovative efforts.”
Baffle protects data in the cloud via a “no code” and “low code” data security mesh. The solution provides universal data protection to secure data wherever it lives and as it is consumed in distributed data environments. Companies can control who can see what data with this security layer with no performance impact on the user experience. Proven in large-scale environments, only the Baffle Data Protection Service de-identifies sensitive information on the fly as it is processed in the cloud. With no application changes, security teams can move in lock-step with business initiatives to move more data and workload to the cloud, faster. Investors include Celesta Venture Capital, National Grid Partners, Lytical Ventures, Nepenthe Capital, True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital, Triphammer Venture, ServiceNow Ventures [NYSE: NOW], Thomvest Ventures, and Industry Ventures. Follow us on Twitter and LinkedIn.