About Concentric AI
Concentric AI is a company based in San Jose (United States) founded in 2018 by Madhu Shashanka. It operates as a SaaS (Software-as-a-Service) and Managed Services. Concentric AI has raised $67 million across 4 funding rounds from investors including Citi, HarbourVest Partners and Top Tier Capital Partners. The company has 29 employees as of April 02, 2024. Concentric AI has completed 2 acquisitions, including Acante and Swift Security. Concentric AI offers products and services including Data Security Posture Management, Data Access Governance, and Data Classification.
- Headquarter San Jose, United States
- Employees 29 as on 02 Apr, 2024
- Founders Madhu Shashanka
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Concentric Software India Private Limited
- Date of Incorporation 07 Aug, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$264.18 K (USD)0as on Mar 31, 2020
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Net Profit
$24.05 K (USD)0as on Mar 31, 2020
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EBITDA
$34.6 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$67 M (USD)
in 4 rounds
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Latest Funding Round
$45 M (USD), Series B
Oct 24, 2024
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Investors
Citi
& 9 more
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Employee Count
29
as on Apr 02, 2024
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Investments & Acquisitions
Acante
& 1 more
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Products & Services of Concentric AI
Concentric AI offers a comprehensive portfolio of products and services, including Data Security Posture Management, Data Access Governance, and Data Classification.
Data risks are identified and remediated across environments.
Access governance is enforced autonomously for compliance mandates.
Business-critical data is classified using autonomous discovery solutions.
People of Concentric AI
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Funding Insights of Concentric AI
Concentric AI has successfully raised a total of $67M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Concentric AI
Concentric AI has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, HarbourVest Partners and Top Tier Capital Partners.
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Private market investment solutions are offered to institutional clients.
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Venture capital funding is provided to cybersecurity startups by Ballistic Ventures.
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Investor details for Concentric AI
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Investments & Acquisitions by Concentric AI
Concentric AI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Acante and Swift Security.
Investment portfolio details for Concentric AI
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of AI-powered security solutions for enterprises
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IT cloud services are provided to support business operations.
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Locked | Locked | 2021 | Locked |
Complete acquisition details for Concentric AI
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Financial Statements - Concentric AI
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Concentric Ai Comparisons
Peer comparison for Concentric AI
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Competitors of Concentric AI
Detailed competitors of Concentric AI
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Latest news on Concentric Ai
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Frequently Asked Questions about Concentric AI
Concentric AI was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Concentric AI is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Concentric AI is a funded company, having raised a total of $67M across 4 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Concentric AI is 29.
Annual revenue of Concentric AI is $264.18K as on Mar 31, 2020.
Concentric AI is engaged in providing advanced data security governance solutions. The companys platform is designed to autonomously discover, classify, and protect sensitive data across on-premises and cloud environments. Sectors served include healthcare, finance, and enterprise technology, with solutions addressing compliance with regulations like HIPAA and PCI DSS. Offerings include data security posture management, data access governance, and data classification, ensuring protection of personally identifiable information, payment card information, and intellectual property. Integration with platforms like Microsoft 365, Snowflake, and Google Workspace is supported to enhance data protection.
Concentric AI offers Data Security Posture Management, Data Access Governance, and Data Classification.
Concentric AI has made 2 acquisitions, including Acante, and Swift Security.
Concentric AI has 10 investors. Key investors include Citi, HarbourVest Partners, Top Tier Capital Partners, CYBER FUTURE, and Ballistic Ventures.