Advent leads BigID Series D; follows on in 2024 growth round

What's the deal? In April 2021, data-security company BigID raised a $30 million Series D led by Advent InternationalDealroom has a profile for this one. Try Dealroom → at a reported ~$1.25 billion valuation. Advent later participated in a $60 million March 2024 growth extension (Riverwood led) at a reported ~$1 billion valuation.

What they do: Data discovery, privacy, security and AI data governance platform (NYC HQ).

PE angle: Advent Tech-style late-stage growth into a cybersecurity / data platform unicorn — minority growth equity, not a control buyout. Leave Series D / LATE VC labels unless reclassified later; do not invent amounts beyond press.

Sources: company / Advent coverage of the Apr 2021 $30M Advent-led round; PR Newswire Mar 2024 $60M.