Exonar

The company's primary offering is a software platform that identifies where an enterprise's data is stored, who has access to it, and its relevance. It is designed to handle both structured and unstructured data, such as emails, documents, and records stored in various locations from file shares to the cloud. Using a big data architecture and machine learning, the software indexes, classifies, and maps data in real-time. This allows clients to address governance, risk, and compliance (GRC) issues, manage sensitive information, and respond to regulations like GDPR. The business serves large organizations that struggle to gain visibility into their own data estates, which can include up to 92% unstructured data. By creating a detailed inventory of all data, the platform helps protect against data breaches and unlocks business value from previously untapped information.

Exonar's growth has been supported by several funding rounds, raising a total of $9.97 million. Key investors include Beringea, Amadeus Capital Partners, Downing Ventures, and Winton Ventures. The first seed round occurred in April 2017, followed by a significant Series A round in January 2019. In February 2021, the company secured additional funding to fuel its expansion. A major milestone occurred in March 2022 when Exonar was acquired by NowVertical Group, a big data and analytics software and services company. Exonar's 'Reveal' software was integrated into NowVertical's 'NOW Origin' product suite, expanding its data security and discovery capabilities.