RSA Conference, the world's leading information security conferences and expositions, has named BigID “RSAC Most Innovative Startup 2018.”

A judging panel comprised of venture capitalists, entrepreneurs and industry veterans selected BigID from a group of 10 finalists and announced the winner at RSA Conference 2018.

In its thirteenth year, the RSAC Innovation Sandbox Contest is a leading platform for entrepreneurial cyber security companies to launch their ground-breaking research and innovation.

This year, the RSAC Innovation Sandbox Contest team is working exclusively with leading business information destination, Crunchbase.

This media partnership supports the Conference's goal to advance the cyber security industry forward by shining a light on groundbreaking security companies.

Using data supplied by Crunchbase, RSAC calculates that in the past five years alone, the contest's top 10 finalists have collectively seen 15 acquisitions and have received more than $1.25 billion in investments.

Past winners include successful security veterans Phantom, Waratek, Red Owl Analytics and UnifyID. For a more complete picture of where past RSAC Innovation Sandbox participants stand today, visit the RSAC Innovation Sandbox Leaderboard for updated status and funding totals.

“We're honored to have been considered against this group of fantastic companies and thrilled to accept this award,” said Dimitri Sirota, CEO of BigID.

“We believe that privacy is a defining 21st century problem that all companies are going to have to take seriously and our hope is that we can help make it less painful for them.”

BigID is a US-Israeli software company focused on privacy and personal data protection.

As enterprises stare down GDPR and similar privacy regulations, they face new challenges in understanding what personal data they collect and process. BigID is redefining how enterprises satisfy GDPR and meet new data privacy and protection requirements.

Fortanix was recognized as well by judges for Runtime Encryption.

“The long-standing tradition of RSAC Innovation Sandbox demonstrates a commitment to security innovation. It's critical for our industry to keep a pulse on new technologies and ideas, but we must realize that those advancements aren't just coming out of Silicon Valley anymore. This year, we received a record number of applications from companies outside of California and the U.S. Emerging tech hubs with increasing influence in the cyber security field include Tel Aviv, Denver and D.C., so it was great to see those startups up on-stage today,” said Linda Gray Martin, Director & General Manager of RSA Conference.

"Amid the fierce competition, BigID demonstrated a unique ability to help enterprises better protect their customer and employee data. We're confident in BigID's ability to send waves through the cyber security industry for years to come.”