Microsoft today announced that they’d acquired BlueTalon. BlueTalon is a data privacy and governance company that helps other companies to regulate how their employees can access the data. BlueTalon acquired the policies and then enforced them on the employees on data sharing and access. Also, BlueTalon provides necessary tools to the companies for auditing policies and processes. The company can enforce the policies on various data environments with ease. Neither BlueTalon nor Microsoft shared the numbers of this acquisition to the media personnel. Recently, BlueTalon acquired the funding of nearly 27.4 million dollars.
Bloomberg Beta, Maverick Ventures, Signia Venture Partners, and Stanford’s StartX fund invested in the BlueTalon in recent funding round. Rohan Kumar, Microsoft’s corporate VP for Azure Data said that the IP and talent acquired from BlueTalon would bring expertise to the Big Data, Privacy, and Governance. Also, Rohan Kuman thinks that the acquisition will help Microsoft to enhance the abilities to empower enterprises across the industries to digitally transform the use of data with centralized data governance. After completing the acquisition, the BlueTalon team will become part of Microsft’s Azure Data Governance team.
The BlueTalon team will work with Microsoft Azure Data Governance Team to improve the abilities around data privacy and governance. As the company gets bigger, there is a need for central data access management and governance. The team is going to focus on those factors. BlueTalon CEO Eric that Microsoft Azure team impressed them, as they were looking for hyper-scale cloud service providers. He also said that Microsoft’s Azure team had the same vision and ideas and partnering with them would help BlueTalon to achieve the goals. Both of the companies are undergoing the process of acquisition, so both of them denied sharing any details about the finances and numbers about the same.