1touch.io Company and Competitor Profile
1touch.io Overview
1touch.io is a leading technology company based in the U.S. and Israel, dedicated to the automated real-time discovery, mapping, and tracking of personal data flow. Specializing in sensitive data intelligence and security, 1touch.io offers solutions adaptable to diverse data environments such as cloud, on-premises, and hybrid systems. Their flagship product, Inventa, provides a robust platform for data discovery and classification, noted for its high accuracy in handling both structured (98.6%) and unstructured data (100%).
Leadership Team
- Ashish Gupta: President and CEO, driving strategic growth and innovation with expertise in cybersecurity, data analytics, and enterprise infrastructure.
- Itzhak Assaraf: Co-founder and Chief Technology Officer, with over 20 years of experience in networking and security, pivotal in deploying advanced machine learning.
- Dimitry Shevchenko: Vice President of Innovation and Co-founder, steering research and development efforts critical to the company's technological evolution.
- Ron Spratt: Senior Vice President of Global Sales, instrumental in optimizing sales strategies and expanding global market reach.
- Dustin Grosse: Chief Marketing Officer, bringing over 25 years of experience in marketing and operations management.
Financial Performance
1touch.io has witnessed remarkable growth, notably doubling its revenue in the first half of 2024. This financial growth is largely attributed to strategic partnerships with Fortune 100 companies and the introduction of their Enterprise DSPM solution.
- Total Funding: $28 million through several rounds.
- Series B Funding: Raised $14 million on May 5, 2023, demonstrating strong investor confidence in their vision and offerings.
Industry Position and Innovation
Renowned for its cutting-edge technology, 1touch.io leverages contextual AI to convert raw data into actionable insights addressing multiple security and privacy use cases. The Inventa platform offers leading precision in data tagging and protection, focusing on attack surface reduction, cryptographic discovery, and SIEM/SOAR enrichment. Their focus on generative AI governance supports compliance with regulations such as GDPR and CCPA.
Strategic Alliances and Recognition
Strategic alliances bolster 1touch.io's enterprise data management competencies, and industry publications have recognized their market position, underscoring their commitment to addressing data privacy and security challenges effectively.
Competitor Profile
Primary Competitors
1. BigID
BigID excels in data security, privacy, compliance, and governance through advanced machine learning, offering a cloud-native solution for comprehensive data visibility and control. Founded in 2016 and headquartered in New York, NY, BigID boasts a strong valuation backed by $308 million in funding over nine rounds.
2. OneTrust
Headquartered in Atlanta, Georgia, OneTrust leads in privacy management platforms, helping over 14,000 global customers manage data responsibly and comply with privacy, security, and compliance mandates, holding over 300 patents.
3. Informatica
Based in Redwood City, CA, Informatica offers AI-powered cloud data management solutions across data integration, governance, and quality. They serve customers across nearly 100 countries, driving data-led transformation in major enterprises.
4. Cyberhaven
Specializing in data detection and response, Cyberhaven addresses insider threats and data exfiltration with a data lineage architecture, offering capabilities surpassing traditional DLP tools.
5. DataGrail
DataGrail supports modern data privacy management, aiding brands in navigating privacy regulations like GDPR and CCPA. They are partnered with high-profile entities like Salesforce and Databricks.
Other Notable Competitors
- Privya
- Immuta
- Informatica Data Privacy
- Osano
- TrustArc
- Amazon Macie
These competitors focus on discovering, managing, and securing enterprise data, aligning with 1touch.io's mission of leveraging AI for risk reduction and compliance.
Industry Insight
The competitive landscape indicates a strong focus on privacy, compliance, data security, and AI integration. 1touch.io and its competitors strive for technological superiority and market share within these critical domains. Recent funding and technological advancements speak to the industry's strategic relevance in an increasingly data-centric world.
