Collibra acquires data access startup Raito

Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have access to internal data. Collibra declined to comment on the terms of the deal. Raito previously raised $4 million in venture funding from investors, including Dawn Capital, Crane Venture Partners, and Collibra itself. Collibra founder and CEO Felix Van de Maele told TechCrunch that while managing data access is not a new problem for enterprises, it is becoming a bigger headache for data teams as more departments seek access for AI agents and workflow automation. “We heard from our customers and large organizations that managing data access at scale has become a really big problem,” Van de Maele said. “That’s why the traditional approaches just ... Read full article.