Concentric AI raises USD $45M to drive data security

 Concentric AI has raised $45 million in Series B funding to enhance its Data Security Posture Management (DSPM) solutions, driven by increased demand for secure data governance in hybrid environments. The funding, led by Top Tier Capital Partners and HarbourVest, will help expand Concentric's capabilities in AI-driven data protection, serving growing regulatory and privacy requirements. CEO Karthik Krishnan highlights the firm’s use of Semantic Intelligence to simplify data security. The DSPM market is projected to exceed $8 billion by 2027. 

https://securitybrief.co.nz/story/concentric-ai-raises-usd-45m-to-drive-data-security

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