Immuta, a provider of automated data access and security, is opening its European headquarters in London to better serve its expanding customer base in the United Kingdom, France, Italy, Germany, and Sweden. Roche, Swedbank, and Billie are among Immuta’s growing European customers.
Immuta will use its recently announced Series E funding to expand and support its sales, solutions, and customer success teams across Europe in order to meet growing global demand and deepen strategic partnerships in the region.
This will become increasingly important as organizations devote more resources to data security platforms. According to a recent Gartner report titled ‘Innovation Insight for Data Security Platforms,’ “at least 70% of [data security platform (DSP)] expenditure will go to vendors of DSPs with broad capabilities” by 2027, and Immuta is one such vendor.
“As global organisations continue to migrate data to the cloud in unprecedented volumes, they will face the challenge of providing access to data at scale, while ensuring it is done securely and in accordance with rules and privacy regulations,” says Immuta’s CEO, Matthew Carroll. “Immuta’s data teams in the EMEA region can now provide automated data access control at scale across the leading cloud data platforms,” added Carroll.
Immuta’s Data Access Platform is used by data-driven organizations to reduce time-to-data, safely share more data with more users, and reduce the risk of data leaks and breaches. It ensures that users have access to the correct data at the correct time, as long as they have the necessary permissions.
Colin Mitchell, Immuta’s General Manager for EMEA, has extensive experience in the international data space and will continue to grow the team and drive Immuta’s mission to address European businesses’ data security and privacy concerns.
“We are delighted to expand our presence in Europe, as well as other key regions around the globe,” says Mitchell. “Our European and Australian presence really mark our commitment to our international customers and will help us address the growing demand for scalable data access that we’ve witnessed working with businesses across Europe.”
Immuta recently joined forces with the Nordic-Baltic Banking Group Swedbank, one of Sweden’s largest banks and the third largest in the Nordics. In order to execute its “Enterprise Analytics in the Cloud initiative” and move its on-premises Hadoop-based data lake to the cloud, the bank’s data team chose to integrate Immuta with its existing Databricks Lake architecture.
Vineeth Menon, Head of Data Lake Engineering at Swedbank, said: “This strategic decision is enabling us to drive business innovation, improve data-driven decision making, reduce costs, and enhance the customer experience, while mitigating risk and adhering to compliance and regulatory standards.”
Immuta has also worked with Billie, the Berlin-based fintech company, to help the company speed up access to data ten-fold and double the usage of data across the company. A spokesperson from Billie said: “Immuta has given us significant acceleration. But, it’s not just about time. It’s about simplicity and granularity. Immuta gives us a precise instrument in our toolbox to explicitly see and grant access to data. It’s a great addition to our modern data stack.”
Immuta’s platform serves global financial services, insurance, healthcare, pharmaceutical, manufacturing, transportation, retail, and government organizations, as well as leading technology companies. Many of the world’s leading data-driven organizations, including Swedbank, Roche, Mercedes-Benz Group, IAG, and Billie, rely on Immuta every day to share more data with more users in a faster, safer, and more efficient manner.
Snowflake, Databricks, Amazon Redshift, Google BigQuery, Azure Synapse, and Starburst are among Immuta’s growing partner network of top cloud data platforms. Immuta was recently approved as the first Snowflake Ready Technology Validation Partner in the “Data Security” category of partners by Snowflake. Immuta’s Snowflake integration has been validated as adhering to the platform’s best practices for performance, reliability, and security.
