Over the past ten years, data has become increasingly crucial in the world of enterprise software, and this importance has only grown with the emergence of large language models. However, with the rise of data, there has also been a surge in regulations surrounding its use. As a result, it is now more challenging than ever for companies to ensure compliance with these regulations.
But fear not, for Codified has arrived to tackle this problem head-on. This innovative startup, which hatched within the esteemed venture capital firm Madrona Ventures, has just announced a $4 million seed round to fund its mission.
Yatharth Gupta, founder and CEO of Codified, recognizes that data lies at the heart of today’s technology. However, many companies struggle with managing access to this valuable resource. “Every company has a lot of data,” Gupta explains to TechCrunch. “They want people to use this data, but also ensure that the right people have access and the wrong people do not. It is an incredibly tough problem to solve.”
Codified aims to empower companies to utilize their data while remaining compliant with regulations. “Our mission is simple,” Gupta states, “We want to enable your company’s innovation by providing easy, compliant access to data within your organization.”
To achieve this, Codified allows companies to create data policies in a variety of ways, such as natural language, declarative coding, or through a user interface. These policies can then be translated into code that can be implemented in multiple ways and easily modified as needed.
Additionally, Codified allows customers to set conditions for data access, such as requiring employees to have completed recent security training or be part of a specific team working on a sensitive project. Rather than relying on group membership, which can be inconsistent and difficult to manage, Codified enables companies to set hard-coded rules based on employee identity and their use of different applications or involvement in projects.
Gupta brings 15 years of experience at Microsoft and Singlestor, where he worked extensively with data, to Codified. He saw firsthand the problems he is now aiming to solve with his new company.
Although the product is still in development, Gupta has been working with design partners to refine the concept. He currently oversees a team of five full-time employees and six contractors, with hopes of releasing a candidate later this year.
Investors in this round include Vine Ventures, Soma Capital, and Madrona Venture Labs, where Codified was incubated in its early stages. With a solid foundation and a clear mission, Codified is poised to revolutionize how companies manage their data compliance.
