Concentric AI Acquires Data Security Technologies Swift Security and Acante to Deliver Industry-First, AI-Powered Platform for Securing Data End-to-End

Strategic Acquisitions Dramatically Expand Protections for Enterprise Data Across Multiple Scenarios, Including Public GenAI, Email, File Sharing, Social Media, and Proprietary GenAI Workloads

SAN JOSE, Calif.--(BUSINESS WIRE)--Concentric AI today announced it has acquired Swift Security and Acante to deliver the industry’s first truly end-to-end data security governance platform. With these acquisitions, Concentric AI now unifies data security posture management (DSPM), data loss prevention (DLP) and generative AI (GenAI) governance – spanning structured, unstructured, and semi-structured data, and cloud and on-premises environments. The platform’s protections now extend across multiple GenAI use cases to secure enterprise data wherever it lives and however it's used.

These acquisitions amplify the existing capabilities of the Concentric AI Semantic Intelligence™ platform and dramatically extend its protections for enterprise data across all three data states – at rest, in motion, and in use. The company now goes beyond securing sensitive data in GenAI assistant deployments such as Microsoft Copilot to uniquely monitoring and preventing data exfiltration across public GenAI tools such as ChatGPT and ensuring effective data security governance of proprietary GenAI workloads. The expanded capabilities include discovering “shadow GenAI,” curating data for GenAI applications developed in-house, and ensuring effective access governance for these applications.

The newly acquired capabilities are strengthened by the proprietary AI within the Semantic Intelligence™ platform that facilitates the complete and accurate discovery, categorization, classification, risk monitoring, and protection of enterprise data, all through its unique ability to understand context.

“Generative AI is rapidly emerging as a critical threat vector and Concentric AI is rising to meet the challenge,” said Karthik Krishnan, Concentric AI Founder and CEO. “These acquisitions are evidence of our commitment to our ongoing mission to operationalize data security and protect our customers’ most sensitive data at scale and across all use cases – from GenAI apps to email, social media, file sharing, and everything in between. Now organizations can easily govern and fully operationalize data security across their cloud and on-prem environments, wherever data lives and however it travels.”

Use of GenAI assistants and public and proprietary GenAI applications is growing rapidly across all industry verticals. While GenAI brings greater operational efficiencies, improved decision making, and reduced costs, establishing protections for its use is crucial to prevent data leakage and ensure compliance with various regulatory compliance frameworks. Concentric AI’s recent acquisitions attest to its commitment to continually evolving and enhancing its technology to provide a robust data security portfolio for organizations.

The acquisition of Swift Security allows Concentric AI to discover when public GenAI applications such as ChatGPT, Perplexity, and thousands of others are being used, and to provide data security oversight to ensure appropriate usage. This gives Concentric AI the capability to effectively monitor sensitive data such as PII/PCI/PHI, business-sensitive data, IP, and financial data flowing through public GenAI applications, identify risky behavior, and make informed “allow” or “block” decisions.

The combination of Concentric AI’s ability to discover data with context at a granular level with Swift Security’s ability to dynamically monitor GenAI application usage enables comprehensive and differentiated capabilities to discover, monitor, govern, and protect sensitive data from leaking through public GenAI apps. This technology allows security teams to closely monitor and govern uploads of sensitive data, including prompt inputs, with these applications. They can also allow data to be uploaded or shared with these applications with sensitive content masked, or they can prevent data from being uploaded altogether.

With the acquisition of Acante, Concentric AI can now curate the data used to train AI/ML models. This enables security teams to exclude, redact, replace, mask, or encrypt sensitive data to ensure privacy and compliance. Security teams can also set policies to customize access to sensitive data by user or group to monitor and ensure appropriate access.

Concentric AI’s Semantic Intelligence platform redefines what’s possible for data security governance. Instead of relying on rigid rules, keywords, or data samples, it uses its patented AI to understand the context behind structured and unstructured data across cloud and on-premises environments. This means it can find not only PII, PCI, and PHI with exceptional accuracy, but also intellectual property and critical business documents that other tools miss. This result is stronger, more accurate classifications and access and activity policies within the platform itself, and across a customer’s entire security stack. And with continuous monitoring and remediation, risks like overpermissioning and misclassified data are handled automatically.

About Concentric AI

Concentric AI is intelligent data security made easy. Its AI-powered platform simplifies data management, helping businesses discover sensitive data, remediate risk, eliminate duplicates, and maintain compliance across cloud and on-premises environments. The solution provides clear insights into where data resides, who’s accessing it, how it’s being shared, and empowers organizations to take remediation actions. With co-managed services, Concentric AI handles the heavy lifting while organizations stay in control—defining policies, managing risks, and running reports on demand. From reducing costs to preventing data leaks, Concentric AI ensures your data works for you, not vice versa. Concentric AI is venture-backed by leading Silicon Valley VCs and is headquartered in San Jose, Calif. For more information, see https://www.concentric.ai.

Concentric AI, Semantic Intelligence™, and Risk Distance™ are or may be registered trademarks of Concentric AI, Inc. All other marks and names mentioned herein may be trademarks of their respective companies.