Lightbeam

Lightbeam

LightBeam.ai employs a zero-trust data protection approach to streamline and unify data security, privacy, and AI governance. Learn more
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DateInvestorsAmountRound
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N/A

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$4.5m

Seed
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$17.8m

Series A
Total FundingAUD34.5m

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LightBeam.ai is a startup focused on providing advanced data privacy solutions for businesses, particularly those in the FinTech sector. The company operates in the data privacy and security market, which is becoming increasingly critical as regulations tighten and data breaches become more common. LightBeam.ai's primary offering is a customer-centric privacy platform that helps organizations identify, manage, and protect sensitive information across all their data repositories.

The platform's standout feature is its ability to perform Identity Resolution, which means it can cross-reference all sensitive data within an organization to create a comprehensive map, or PII Graph, of personally identifiable information (PII). This allows businesses to enforce privacy policies effectively and maintain continuous compliance with regulations. Essentially, LightBeam.ai acts like a refinery for data, extracting and securing the most valuable and sensitive information.

LightBeam.ai serves a variety of clients, with a strong focus on FinTech companies that handle large volumes of sensitive customer data and must comply with stringent privacy regulations. The platform is designed to automate many of the manual, time-consuming tasks associated with data governance, making it easier for businesses to focus on growth rather than compliance issues.

The company's business model revolves around a subscription-based service, where clients pay for access to the platform and its various features. This model ensures a steady stream of recurring revenue, which is crucial for the company's financial stability and growth.

In summary, LightBeam.ai helps businesses discover, enforce, and automate the governance of sensitive data, ensuring compliance with privacy regulations and enhancing data security. By leveraging automation and advanced data mapping techniques, the company provides a robust solution for modern data privacy challenges.

Keywords: Data Privacy, Identity Resolution, PII Graph, FinTech, Compliance, Automation, Sensitive Data, Data Governance, Privacy Platform, Data Security.

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