By: Balaji Ganesan
We’re extremely honored to share that Privacera is listed in Wing Ventures’ 3rd annual Enterprise Tech 30 (ET30). Wing Ventures’ annual ranking is designed to bring to light and celebrate rapidly-growing enterprise startups with the most potential to tectonically shift how enterprises operate for the better and change how business is done. These companies are expected to be future IPOs and multi-billion dollar exits.
ET30 is selected from more than 15,000 venture-backed, enterprise technology startups that cannot lobby or submit themselves. Assessing criteria based on momentum, revenue, and other signals, 103 venture capitalists with a track record in successful enterprise technology investments and 22 corporate development teams carefully determined the final cohort of ET30.
Privacera was built to make secure data accessible to enterprises globally, so they can better understand the needs of their customers, drive product innovation, and stay ahead of threats to their security. Since we were founded in 2016, our team has worked tirelessly to bring this mission to fruition with the support of a great community and partner ecosystem. In fact, many of our partners have also been included in ET30, including Databricks and Snowflake, and we are honored to join such an elite list of organizations and for the confidence shown in us.
Over the past 3 years, only 10 companies have been deemed an ET30 in all three of Wing Venture’s annual ranking: Airtable, Confluent, Databricks, Figma, HashiCorp, LaunchDarkly, Notion, Retool, Stripe, and Zapier. Half of these companies raised subsequent funding and graduated to later stages since the list’s inception in 2020. Of the 30 companies on the ET30 2020 list, twenty-three demonstrated financial progress; Snowflake went public, Segment was acquired, and twenty-one more raised follow-on rounds.
Per Wing Ventures’ press release that announced those organizations selected for 2021, 3 sectors accounted for >75% of the highest-potential companies listed: enterprise data, productivity and collaboration, and security. As one of only 5 companies in the security category, this comes as no surprise to us, as the capability has grown into a board-level topic over the past few years. What’s very interesting about Privacera is that we are at the intersection of all three. We help secure enterprise data in a manner that streamlines productivity for IT and data teams who are tasked with making data collaboration easier between various business units and analytics teams; thus, our strong integrations and partnerships with the likes of Databricks and Snowflake.
As the need for improved data privacy and security across enterprises continues to grow, Privacera will continue to respond, adapt, and improve our products and solutions to meet our customers’ needs. With our unified approach of securing data across multi-cloud, hybrid-cloud, and on-premise systems–coupled with the support of great partners and integrations–we are helping enterprises globally maximize and protect their most critical asset: data.
But don’t just take our word for it, Wing Ventures is confident in our ability as well, saying, “Founders that aspire to build publicly-traded companies should see inclusion as a watershed moment in their founder’s journey and one of the highest endorsements of their current and future success.”