Satori released annual
growth metrics revealing a rapidly expanding user base and soaring data store
query volumes, accompanied by a steady increase in brand visibility, and a new,
official partnership with Amazon Web Services. These milestones come less than
three months after the company closed a successful Series A funding round with
$20 million in venture capital and added two high-profile industry veterans to
their executive team - Gaurav Deshpande, VP of Marketing, and Ediz Ertekin, VP
of Sales. Deshpande and Ertekin have established track records of success in
the data industry, with both having played major roles in the success of other
hyper-growth data companies, including TigerGraph and Informatica,
respectively.
Top on the list of noteworthy
metrics is the platform's 652% increase in active monthly users from January to
December of 2021. As a DataSecOps or Data Security Operations platform for
cloud, Satori offers numerous integrations with leading cloud data stores to
allow for seamless integration between the end-user and their existing cloud
interface. The six-and-a-half-fold increase in Satori users spans a number of
these integrations, including Amazon Redshift, Snowflake, SQL Server, Postgres,
MySQL and other data stores, and Tableau, Looker, Microsoft Power BI and other
BI and Analytics platforms. Satori also saw a 2,535% (25x) increase in query
volume over the same period due to the explosive growth in users and expansion
of the analytical and operational workloads. On average, new Satori users (those
who adopted the platform during the 2021 calendar year) increased query volumes
at a rate that was 4x greater than longer-tenured users - indicating growing
momentum for DataSecOps and Satori among the cloud-based workloads for
analytics and operations.
"Over the last two years, the SaaS
market has been booming, with Fintech, Healthtech and enterprise SaaS companies
leading the pack," said Eldad Chai, founder and CEO of Satori. "All of these
hyper-growth companies have data at the core of their business and that data
includes sensitive personal, health and financial information. The data
platform, security and privacy leaders at these companies were looking for ways
to protect sensitive data at the infrastructure level without inhibiting
growth. Satori's DataSecOps solution can be deployed in days and does not
require changes to the data infrastructure or data consumers, which is very
appealing for these leaders. They can see how Satori solves the immediate
problem of securing their sensitive data and also how it scales with their
business - empowering data scientists, analysts and engineers to work with the
data for continued growth."
In addition to its growing user
base, Satori also established a new partnership with AWS. Under this new
partnership, Satori will assist AWS customers in the implementation of
DataSecOps solutions to help secure access to sensitive data (e.g., PII, PHI,
and financial data) in minutes. Satori's customer base includes several
hyper-growth startups deployed on AWS, including Wealthsimple, Canada's largest
fintech company and ActiveCampaign, the category-defining Customer
Experience Automation Platform (CXA) helping over 150,000 businesses in 170
countries. The new partnership will further accelerate the adoption of Satori's
DataSecOps platform in the AWS ecosystem to protect the sensitive data in
Amazon Redshift, Amazon Athena, Amazon Aurora and other data stores.
As a pioneer of the "DataSecOps"
mindset, evangelizing the immense benefit of implementing DataSecOps principles
is a key priority for Satori this year and beyond. As part of this effort, the
Satori leadership team will be participating in a broad range of events and
engagements throughout the year, beginning with CEO and Co-Founder Eldad Chai's
executive interview at the Global Business of Data Festival from January
19 - 20, 2022.