Nightfall AI, a cloud data protection platform, announced Wednesday that it had received $40 million in Series B funding led by WestBridge Capital. The company plans to use its new funds to hire new talent, add product integrations and reach more customers.
Nightfall’s platform uses artificial intelligence to keep sensitive information from being exposed. It automatically detects sensitive data across platforms like Slack, Salesforce, Atlassian and GitHub and quickly fixes data exposure and cyber hygiene issues.
The company offers both a comprehensive SaaS data protection platform and the Nightfall Developer Platform, an open and flexible platform easily integrated anywhere as a set of cloud-hosted APIs and SDKs.
“Legacy solutions aren’t designed for the cloud and don’t interface natively with modern applications, and as a result, they deliver low accuracy, incomplete coverage, and limited actionability for resource-constrained security teams,” Nightfall co-founder and CEO Isaac Madan said in a statement. “Traditional data loss prevention solutions have become ineffective and expensive to manage, and the category is in dire need of reinvention.”
Nightfall plans to double its headcount over the next year, thanks in part to this new funding. The company is hiring for 36 positions across several departments.
