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Piiano Raises $9M To Help Businesses Protect Their Pii

Piiano Raises $9M To Help Businesses Protect Their Pii

10/26/21, 1:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgtel aviv
Money raised
$9 million
Tel Aviv-based Piiano wants businesses to keep their customers’ data private. The company is coming out of stealth today and announcing a $9 million funding round led by YL Ventures, together with a group of angel investors that include Snyk founder Danny Grander, Armis co-founder Nadir Izrael, Papaya Global co-founder and CEO Eynat Guez, Wiz co-founder Yinon Costica, as well as well-known angel investor Ariel Maislos.

Company Info

Company
Piiano
Location
tel aviv, tel aviv district, israel
Additional Info
The company is coming out of stealth today and announcing a $9 million funding round led by YL Ventures, together with a group of angel investors that include Snyk founder Danny Grander, Armis co-founder Nadir Izrael, Papaya Global co-founder and CEO Eynat Guez, Wiz co-founder Yinon Costica, as well as well-known angel investor Ariel Maislos. Today’s approaches to securing this data, the company argues, simply don’t work. The company argues that the tools on the market today are point solutions, while Piiano offers businesses a more comprehensive approach. That may make it more difficult for a company to implement its tools, but the team also believes that its service helps developers build privacy and security right into their code instead of having to bolt it on later. Now we need to do something about the system.”So on the one hand, Piiano provides tools to pseudonymize data, and on the other hand it provides a safe place to store the original data in a vault where access is restricted.“Our innovation is to say: ‘look, just pseudonymize the data sets, segregate the PIIs into one place where you can actually watch for it and make sure that it’s safe.’