Analyst Coverage: Andy Hayler
Immuta is a US-based data security and governance vendor, founded in 2015, with its first version of software launched in 2017. Since then, it built up an impressive roster of customers including Mercedes-Benz, Sony, Roche and Thomson Reuters, branching out from its public sector origins. In 2022 the company raised $100 million on a valuation of $1 billion.
Immuta is a data security platform, focused on access control and dealing with policies around data security. The company has also added data discovery and data usage monitoring capabilities. They consciously restrict themselves to structured data, such as those stored in databases like Snowflake and Databricks. Many companies try to construct their own data access rules using the native features of the databases, but this becomes time consuming and even impractical if the number of sources and users become large, and more so if the business needs change frequently. Immuta sits at a policy level and generates the necessary native database commands to enforce those policies.