Codified, a startup that aims to simplify data governance with generative AI, announced today that it has raised $4M in seed funding. The round was co-led by Madrona Ventures and Vine Ventures, with participation from Soma Capital and several angel investors.
Codified also added two prominent advisors to its board: Ali Ghodsi, founder and CEO of Databricks, and Arnab Bose, Chief Product Officer at Okta.
Codified was founded by Yatharth Gupta, a former product manager at SingleStore and Microsoft, who experienced the challenges of data governance firsthand. He realized that the current solutions rely on manual processes that are costly, error-prone, and not aligned with business intent.
Codified’s platform allows companies to use natural language to author and implement data governance policies that ensure data access is secure, compliant, and seamless. Codified also provides full visibility into data access rights for users, roles, and groups.
“We are thrilled to launch Codified and pioneer the first-of-its-kind policy-driven Data Governance solution. Customers are spending months implementing Data Governance solutions and this needs to change. With Codified, customers will be able to save time and money while significantly improving their security posture,” said Gupta.
“Data is widely acknowledged to be an important asset for nearly every company, but managing access to this exponentially growing and critical asset relies on manual processes that are cumbersome, error-prone, and extremely time-consuming to audit. Codified is built for any company wrestling with data governance solutions, offering just-in-time access and protection in alignment with company policies,” commented S. Somasegar, managing director, Madrona.
Codified plans to use the new funding to expand its team, accelerate product development, and bring its innovative solution to the market. The company is working with design partners and will launch a product preview to select customers in 2024.
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