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 feature IT leaders’ AI talent needs hinge on reskilling Most organizations see the need to revamp their training programs to address AI skills shortages — an approach that delivers intangibles hiring can’t provide. By Grant Gross May 31, 2024 7 mins Hiring Generative AI IT Skills feature Skills the Irish Government CIO uses to advance digital transformation In his eight-year tenure as CIO at Ireland’s Department of Public Expenditure and Reform, Barry Lowry always had a vision of what digital government could look like. Here, he details how an approach built on transparency and innovation is conti By Ian Campbell May 31, 2024 8 mins CIO Government IT Cloud Management brandpost Sponsored by Cisco 3 reasons you should adopt cloud monitoring Cloud network management offers increased security, operational efficiencies, and more. By D Matthew Landry May 30, 2024 4 mins Machine Learning opinion Faultless with serverless: Cloud best practices for optimized returns What does a well-defined serverless approach look like? Let's learn some of the best modern approaches to handling Enterprises and SMEs growing serverless computing needs. By Yash Mehta May 30, 2024 5 mins Serverless Computing 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