The acquisition will augment Informatica’s IDMC platform, which will combine Privitar’s data access management capabilities along with Informatica’s Claire AI engine to automate application of policy-based privacy and access controls. Credit: KrulUA / Simon Carter / Peter Crowther / Getty Images Enterprise data management vendor Informatica on Wednesday said that it has acquired London-based startup Privitar for an undisclosed sum in order to boost the data access management capabilities of its Intelligent Data Management Cloud (IDMC). IDMC, which was launched in May 2021, is a suite that sits on top of enterprise databases and manages data from various data sources by ingesting, cataloging, and applying data governance rules. The acquisition is significant because the proliferation of generative AI has sparked enterprise concerns about data security, and enforcement of data access management policies is thought to one way of tackling such concerns. Privitar, which was founded by Gerard Buggy, Jason du Preez, and John Taysom, currently offers a data privacy platform. After the acquisition, Informatica’s IDMC platform will combine Privitar’s data access management capabilities with its Claire AI engine to automate application of policy-based and access controls, the companies said in a statement. “Adding Privitar’s data access management and privacy solution to the IDMC platform supports critical, high-growth use cases around cloud analytics, governance, data mesh, and data marketplace,” they added. In May, Informatica added generative AI capabilities to its IDMC suite via the addition of ClaireGPT and AI copilot. Informatica’s acquisition of Privitar is expected to close in the third quarter. The startup has raised approximately $150 million from investors including Warburg Pincus, Accel Partners, Salesforce Ventures, Citi, HSBC Venture Capital Coverage Group, IQ Capital, Partech, and ABN AMRO Ventures. Related content news Appeal court overturns $1.6bn mainframe software ‘poaching’ ruling against IBM AT&T ‘independently decided” to replace BMC software, the appeals court found. By John Leyden May 03, 2024 3 mins Mainframes Legal news IBM and AWS forge global alliance, streamlining access to AI and hybrid cloud solutions This partnership will allow businesses in 92 countries access to IBM’s software products, including data technologies and AI, directly through the AWS Marketplace. By Gyana Swain May 03, 2024 5 mins Amazon Web Services Hybrid Cloud Artificial Intelligence feature UPS delivers customer wins with generative AI The multinational shipping company enlisted LLMs to automate customer message responses, reducing agent handle time and paving the way for genAI use across the enterprise. By Paula Rooney May 03, 2024 7 mins CIO 100 Generative AI Digital Transformation feature Scrum master certification: Top 13 certs for agile pros A Scrum master certification can prove you have the knowledge and competency to lead agile teams successfully. By Sarah K. White, Sharon Florentine May 03, 2024 16 mins Certifications Agile Development IT Skills PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe