Funding round to accelerate jSonar’s delivery of the next generation of database security solutions, providing protection for all databases, big data systems and cloud data services
jSonar announced it has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. As part of the transaction, David Campbell, a Managing Director in the Merchant Banking Division of Goldman Sachs, will join the Board.
jSonar helps companies address database security and compliance needs, dramatically simplifying the process of establishing database protection while reducing cost. jSonar’s platform closes the gaps inherent in legacy Database Activity Monitoring (DAM) programs that are unable to meet the demands of new use cases and platforms.
“In the last decade, enterprise database infrastructure has grown exponentially in scale and complexity. Simultaneously, data security has evolved from a compliance requirement to a critical enterprise security component. jSonar enables its customers to meet today’s data security demands, positions them to seamlessly adopt new databases, data lakes, and cloud services, all while reducing costs and expanding their analytical capabilities. We are excited to invest in jSonar and work with the team to continue to build a world-class business,” said David Campbell, Goldman Sachs.
Over the last few years jSonar has seen rapid platform adoption by marquee enterprise customers in the financial services, healthcare and insurance industries within the Fortune 500, including 5 out of 10 of the world’s largest banks. The platform has grown to support over 60 database platforms out-of-the-box, spanning Amazon Web Services, Google Cloud Platform (GCP), Microsoft Azure, Snowflake, MongoDB, Cassandra, Hadoop, Teradata and more.
Companies with mature database security programs incorporate jSonar to get the highest return from existing Database Activity Monitoring (DAM) investments in Imperva SecureSphere, IBM Guardium or Oracle Audit Vault. With jSonar, DAM customers save money on hardware, operations, and SIEM indexing, while gaining actionable threat intelligence and comprehensive support for cloud databases.