Nightfall raises cash for its AI that detects sensitive data across apps
https://techcrunch.com/2022/08/10/nightfall-raises-cash-for-its-ai-that-detects-sensitive-data-across-apps/
Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capital Ventures and — for some reason — athletes and celebrities including Paul Rudd, Drew Brees and Josh Childress. CEO Isaac Madan says that the proceeds will be put toward doubling Nightfall’s 60-person headcount, scaling the platform to more customers and markets, and expanding Nightfall’s partner ecosystem.
Madan founded Nightfall in 2018 alongside CTO Rohan Sathe. Isaac was previously a VC investor at Venrock, where he focused on early-stage investments in software as a service, security and machine learning. Rohan was one of the founding engineers at Uber Eats, where he designed and built software to grow the platform’s footprint.