Collibra acquires data access startup Raito | TechCrunch
Collibra, a data governance platform based in Brussels, has recently made a strategic move in the data industry. In a bid to enhance its offerings in the era of AI, Collibra has acquired Raito, a data access startup founded in 2021, also situated in Brussels.
Expanding Data Access Management
Collibra's acquisition of Raito aims to address the growing complexity of managing data access, particularly as more departments require access for AI agents and workflow automation. The traditional approaches to data access management are no longer scalable, prompting Collibra to seek innovative solutions.
According to Collibra founder and CEO Felix Van de Maele, while Collibra already offers a product, Collibra Protect, focused on data privacy, Raito's technology will further enhance and automate access controls within the platform.
Raito's Unique Position
Raito is a cloud-native startup specifically built for the current AI landscape, making it a strategic choice for Collibra's expansion efforts. The fact that Raito was founded by former Collibra employees adds value to the acquisition, ensuring a seamless integration of technologies and expertise.
Industry Trends and Acquisitions
The acquisition of Raito by Collibra is part of a broader trend within the industry, as companies increasingly focus on data governance to adapt to AI innovations. Other notable acquisitions in this space include Salesforce's recent announcement to acquire Informatica for similar reasons.
Van de Maele highlighted how the proliferation of data solutions over the past decade has led to fragmented governance practices, underlining the importance of a unified platform like Collibra to streamline data management processes.
About Collibra
Established in 2008, Collibra has been a key player in the data governance sector, catering to enterprises such as Heineken, Credit Suisse, and SAP. With significant venture capital backing, Collibra continues to evolve its offerings to meet the evolving needs of the data-driven market.
