Collibra, a data management provider, has acquired Raito BV, a data access management startup, to bolster its data security capabilities. While the acquisition price wasn't disclosed, Raito previously secured €4 million in funding. This strategic move allows Collibra to integrate Raito's technology into its existing platform, enhancing its ability to manage employee access to sensitive business information and further strengthening its position in the data management market.
Collibra's platform offers a centralized data catalog, simplifying access to records from various systems. It also provides tools for tracking data changes, identifying quality issues, and managing employee access permissions. The integration of Raito's technology will significantly improve Collibra's ability to enforce granular access control policies across multiple platforms, enhancing security and efficiency.
The acquisition highlights Collibra's commitment to innovation and its focus on providing comprehensive data management solutions. The combined strengths of Collibra and Raito are expected to deliver a more robust and secure data management platform for enterprises. Collibra is backed by significant investment, including approximately $595 million from Index Ventures and other investors.
