This acquisition is part of a broader trend where companies are shoring up their data governance capabilities to adapt to AI advancements. Other companies, like Salesforce, Alation, and ServiceNow, have made similar moves recently. Van de Maele noted that the fragmented nature of data governance has become a significant issue, and integrating Raito into Collibra's platform will help create a unified governance solution for data and AI. Collibra, founded in 2008, has raised nearly $600 million in venture capital and works with major enterprises such as Heineken, Credit Suisse, and SAP.
Key takeaways:
- Collibra has acquired Raito, a data access startup, to enhance its data governance offerings in response to growing AI demands.
- Raito's technology will help automate and bolster Collibra's existing product, Collibra Protect, which focuses on data privacy and access control.
- Collibra chose to acquire Raito, a cloud-native company founded by former Collibra employees, instead of partnering with legacy data access tool providers.
- This acquisition is part of a broader trend where companies like Salesforce, Alation, and ServiceNow are acquiring data companies to address data governance challenges in the AI era.