Nightfall nabs cash for AI that detects sensitive data across apps – TechCrunch

Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capital Ventures and -- for some reason -- athletes and celebrities including Paul Rudd, Drew Brees and Josh Childress. CEO Isaac Madan says that the proceeds will be put toward doubling Nightfall's 60-person headcount, scaling the platform to more customers and markets, and expanding Nightfall's partner ecosystem. Isaac was previously a VC investor at Venrock, where he focused on early-stage investments in software as a service, security and machine learning. Rohan was one of the founding engineers at Uber Eats, where he designed and built software to grow the platform's footprint. Madan says he and Sathe were inspired to launch Nightfall by Sathe's personal experiences with data breaches arising from poor "data security hygiene."