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 opinion Where’s the ROAI? The Return on Investment for AI is in the use cases By Chris Selland May 08, 2024 4 mins ROI and Metrics Artificial Intelligence opinion Innovative data integration in 2024: Pioneering the future of data integration This article discusses the latest advancements in the data integration industry and how organisations can successfully integrate these technologies into their existing data strategy. By Yash Mehta May 08, 2024 8 mins Data Integration news Are You the Type of Player Who Makes IT Happen? By Elizabeth Cutler May 08, 2024 1 min Events Artificial Intelligence IT Leadership brandpost Sponsored by Adobe 5 use cases for how Generative AI can supercharge document productivity across the enterprise Take a closer look at real-world examples of how we are using GenAI to turn document data into peak productivity. By Maro Eremyan May 08, 2024 6 mins Generative AI 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