An increasing number of startups are putting their footprint on the European high-tech landscape. Our team is delighted to introduce one of these innovative startups: MinerEye an Israeli startup that secured a H2020 SME Instrument grant for their impressive tool that scans huge quantities of data in a minimal time, detecting the most sensitive and protecting them.
MinerEye employes an advanced computer vision and machine learning technologies to offer the most comprehensive vehicle for tracking and protection your organization’s sensitive data. MinerEye sees beyond form and file, tracking sensitive data by its essence. MinerEye doesn’t just see numbers, names, and file types. It sees your contracts, your customers’ personal data, your chemical patents, your most sensitive designs and sketches, and more.
MinerEye excels in performance: the scalable technology scans huge quantities of data in minimal time, and easily accommodates the ever-growing amounts of information that companies are producing.
It allows for full data resilience: it continuously scans vast volumes of data for sensitive information, using machine learning to adapt and cover changes in form and file.
MinerEye was accepted to participate in class 5 (H1’2015) of Microsoft Ventures Accelerator in Tel-Aviv. The company had shaped MVP requirements, analysed market needs and made the necessary preparations for seed investment. Parallel to the Microsoft accelerator, the company was one of 10 Startup companies selected to attend Class no. 2 of Citi Group Tel Aviv innovation centre program, receiving close mentoring and exposure to C-level executives in a global enterprise while shaping the value proposition to a typical target customer. During that accelerators, the company accomplished 2 successful prove of concepts with Citi and McAfee that were critical to define the Beta version of the product later.
By September 2015, the company raised $1M round led by Marius Nacht, Founder and chairman of Checkpoint, and additional angels. During the next 12 months, the company managed to develop its beta version and complete pilots with a French bank – Société Générale, and later received a purchase order for an audit in one of its subsidiaries – Hambros bank in the Channel Islands. The product Beta version was also tested by an intelligence unit of the IDF that resulted in company’s approval as an authorized vendor in the space of Cyber security for the Israeli ministry of defense. During 2016, MinerEye was awarded as Cool Vendor in Security Infrastructure Protection by Gartner that stated: “You can’t protect what you can’t find. MinerEye finds the data that needs protection.”
By August 2017, the company completed raising its second funding round of $3.6M led by AWZ ventures a Canadian pioneering VC that is focused on leading Israeli Cybersecurity, intelligence and physical technologies. The company expanded its sales and marketing team, after an official launch of its first GA version (2.0), following a successful three-year license sale to Capital Group, an Data Tracker™ 32 American financial services company that is ranked among the world’s oldest and largest investment management organizations, with $1.7 trillion in assets under management. A growing demand generated from European and Global US companies driven by GDPR requirements to map personal information in unstructured data made us notice a common denominator in companies that are caught by the requirement to comply with GDPR while consolidating file server data into public cloud as part of cost reduction and productivity projects led by the business. The company has 7 requests for PoC for the use case of data discovery and classification for secured cloud migration and data minimization use cases, and additional 7 qualified leads, all in the US and Europe.
Do you want to be the next success story? Contact us for more information.