VENICE, Calif., July 26, 2018 (GLOBE NEWSWIRE) -- Senzing®, Inc., an artificial intelligence-based (AI) software company focused on entity resolution, today announced an investment from Mithril Capital Management, a leading technology growth capital firm founded by Ajay Royan and Peter Thiel. Mithril is partnering with Senzing to ensure complete democratization of Senzing’s entity resolution (ER) 2.0 technology, which was created from inception with Privacy by Design principles.
Senzing, a 2016 IBM spin out, was founded by former IBM Fellow Jeff Jonas to make world-class entity resolution available to more than just elite organizations with huge budgets. His intent was to make Senzing easy to use, affordable, and scalable¾from laptops to large cloud deployments.
Entity resolution determines who is who and who is related to who in data. Senzing addresses the widest range of entity resolution use cases. From the simple, like finding duplicates in your address book, to the most sophisticated, such as searching for criminal or fake identities in real-time across thousands of data sources and billions of records.
“Senzing is delivering a powerful, intuitive and unique way for all organizations to figure out who is who in their data,” said Ajay Royan, managing general partner and founder at Mithril. “With intrinsic Privacy by Design principles, and the ability to get started for free, Senzing has set a new high bar for democratized access to high-quality, one-of-a-kind entity resolution and privacy-enhancing analytics.”
The Senzing technology, originally code-named “G2”, began as an IBM skunk works project in 2009. From inception, it was built to incorporate Privacy by Design principles. Senzing launched its first product, a GDPR compliance offering, on Data Privacy and Protection Day in 2018.
“I’m both impressed and encouraged by the privacy-preserving work Jeff and Senzing are doing,” said Ann Cavoukian, the creator of Privacy by Design. “I’ve known Jeff for more than a decade and applaud his continuous commitment to personal privacy and to creating privacy enhancing technology.”
“This investment and partnership with Mithril perfectly positions Senzing to bring entity resolution to everyone, everywhere,” said Jeff Jonas, founder and CEO at Senzing. “For the first time, small and mid-sized organizations can harness world-class entity resolution to gain competitive advantage.”
For more information on Senzing’s entity resolution 2.0 technology, and to download the software for free, visit: www.senzing.com
About Mithril
Mithril invests in leading growth companies by partnering with teams who use technology to build transformative and durable businesses, often in industries long overdue for change. Each of these businesses is unique, but all face common challenges to unlocking long-term growth. Mithril helps navigate these critical inflection points by investing in size and with conviction. www.mithril.com
About Senzing
Senzing delivers the first real-time AI for entity resolution. With Privacy by Design principles built in from the start, the Senzing technology has more privacy features than any other entity resolution product. Senzing plug-and-play entity resolution helps organizations discover who is who in big data. Senzing addresses use cases such as GDPR compliance, customer 360, public safety and bad guy hunting. Senzing customers include global companies, government organizations, small and medium-sized businesses and independent software vendors. Senzing is based in Venice, California. To learn more, visit www.senzing.com.
Media Contact:
Kristine Masopust
VP Marketing & Communications
kristine@senzing.com