It’s estimated that the average organization has 1.2 million documents, making it difficult to identify and secure sensitive data. This dilemma motivated Karthik Krishnan, formerly vice president of Hewlett Packard Enterprise subsidiary Aruba, to cofound with Shankar Subramaniam and Madhu Shashanka, which emerged from stealth today with $7.5 million in funding from Clear Ventures, Engineering Capital, Homebrew, and Core Ventures. Its marquee product taps AI and machine learning to uncover unstructured on-premises and cloud data, and Krishnan claims customers have already used it to find “millions” of inappropriately shared and unprotected documents accessible by thousands of employees.

“Businesses understand the importance of protecting their critical assets, and yet, despite their best efforts, an extreme amount of data is left unsecured, unidentified, misclassified, and at risk,”

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