Borneo Acquires Pridatect.com to enhance its innovative Real-Time Data Security & Privacy Observability platform and expand its customer base globally.
The two companies are very well aligned to scale cloud data security, governance, and privacy globally, addressing customers’ demand for greater visibility and control of growing volumes of sensitive data at cloud-scale.
Data security innovation leader, Borneo, acquires the leading European privacy compliance SaaS solution Pridatect
The two companies will merge operations to become an innovative global solution that helps companies protect their users’ sensitive and personal data.
The combined business will help customers address the challenge of data sprawl with exponentially growing data volumes affected by various privacy regulations and security standards.
Borneo, a real-time data security and privacy observability platform
Borneo was founded by Prithvi Rai and the team. They have spent decades building petabyte-scale data security solutions for global companies such as Adobe, Salesforce, Uber, Facebook & Yahoo. The Borneo team is taking these concepts developed for global tech giants and making them accessible to practitioners. The solution helps them implement data security, compliance, and privacy governance in one platform.
Borneo CEO and Founder Prithvi Rai said, “Pridatect and Borneo share the same values and vision. I quickly saw a fit between our two complementary solutions. Borneo, the leader in real-time data security and Pridatect adding operational workflows for privacy compliance, excited me to explore opportunities to integrate our technologies and create market-leading innovations for our customers”.
Pridatect is a disruptive Legal-Tech Startup that has developed data privacy management software with the mission to make data protection available for every company in the world.
Pridatect’s intuitive platform automates a company’s discovery, analysis, and implementation of data privacy processes, involving every employee who works with personal data—resulting in a superior standard of data governance, prevention of data breaches, and compliance with global privacy regulations.
Pridatect CEO, founder, and new Borneo CRO, David Casellas commented, “Why does the strategic merger make sense now? From the beginning, we wanted to create an end-to-end solution supporting fast-growing companies with cutting-edge privacy compliance technology. Now, thanks to Borneo, we can complement this offering also with an innovative data security platform that helps companies gain real-time visibility over all of their data, analyzing and securing it.”
By acquiring Pridatect, Borneo is integrating the privacy management solution into its existing data security portfolio, offering an end-to-end solution to deliver Data Security, Governance, and Privacy compliance in one single integrated platform.
Pridatect’s European and LATAM presence and Borneo’s existing US and APAC footprint fit well with the ambitious global expansion strategy.
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