DocAuthority

DocAuthority, founded in 2013 and headquartered in Ra'anana, Israel, operates as a data governance platform specializing in the management and protection of unstructured data for enterprises. The company was co-founded by Ariel Peled, who serves as the Chief Technology Officer, and Itay Reved, the VP of R&D. Steve Abbott later joined as CEO. The leadership team claims extensive experience in document risk analysis, positioning themselves as pioneers who introduced the first Data Loss Prevention (DLP) solution to the market.

The firm's core business revolves around a software-as-a-service (SaaS) platform that addresses the critical challenge businesses face in managing vast quantities of unstructured data, such as office documents and emails. DocAuthority's technology automatically discovers, catalogues, and classifies this data, providing clients with a clear inventory of their digital assets. It identifies what the data contains, where it is stored, and who has access, which is crucial for mitigating risks associated with data breaches and insider threats. The platform is designed to help organizations meet compliance requirements like GDPR by turning these obligations into an opportunity to improve data management. Key use cases for the software include facilitating defendable data disposal, managing migration to cloud services, and defining data protection policies.

The business model is centered on providing its platform to a global clientele of enterprise customers. By using DocAuthority, these organizations can reduce costs associated with data storage by identifying and eliminating redundant, obsolete, and trivial (ROT) data. The platform's patented AI engine automates the classification process, allowing businesses to assign value to their data and manage it based on risk and business importance. In October 2021, DocAuthority was acquired by NowVertical Group Inc., a global big data software and services company, and now operates as a core component of its NOW Privacy suite.

Keywords: data governance, unstructured data management, data classification, data discovery, risk mitigation, compliance management, SaaS, enterprise software, data security, information governance, access control, data protection, AI engine, document management, data inventory, cyber security, NowVertical Group, Ariel Peled, Steve Abbott, Itay Reved