BigID was founded in 2015 by Dimitri Sirota and Nimrod Vax. Shortly after achieving unicorn status in 2020, CEO Vax responded to questions about a potential IPO by saying that the company plans to "continue to focus on customer growth in addition to our development and marketing processes." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
BigID is an Israeli company that helps businesses manage, protect, and maximize the use of their data. In 2021, BigID was named on Forbes' Cloud 100 list for the second year in a row. The company has raised $246 million in venture capital funding from investors including Boldstart Ventures, Bessemer Venture Partners, Tiger Global, Comcast Ventures, Salesforce Ventures, SAP, Scale Venture Partners, and Advent International Corporation. In April 2021, BigID announced that it had arrived at a $1.25 billion valuation.