ClearDATA is a technology company.
ClearDATA has raised $73.0M across 5 funding rounds.
ClearDATA has raised $73.0M in total across 5 funding rounds.
ClearDATA is a healthcare-focused technology company specializing in managed cloud security, compliance, and operations services, enabling healthcare organizations to securely store, manage, and analyze protected health information (PHI) in public clouds like AWS, Azure, and Google Cloud.[1][2][3][7] Its CyberHealth™ Platform automates compliance with regulations such as HIPAA, HITRUST, NIST, and GDPR, while providing real-time threat detection, data governance, and remediation to prevent breaches and reduce downtime.[2][3][7] ClearDATA serves providers, payers, life sciences, and healthcare tech firms, solving the core problem of balancing cloud innovation—like AI and data analytics—with stringent security and compliance needs that often hinder patient care and data accessibility.[1][3][6] With over 310,000 healthcare professionals relying on its HIPAA-compliant platform, the company has achieved rapid growth as the nation's fastest-growing healthcare cloud provider, offering professional services for cloud migrations, data lakes, cybersecurity assessments, and tools like ClearDATA Locate for tracing PHI in Kubernetes workloads.[2][4][5]
Founded in 2009, ClearDATA emerged from inefficiencies in the U.S. healthcare system, including slow data processing, security gaps, and compliance hurdles that impeded timely patient care.[3] As public cloud adoption surged in healthcare, the founders—leveraging deep industry expertise—recognized the need for tailored solutions to navigate cloud complexities, regulatory shifts, and emerging cyber threats like AI-powered attacks.[1][3] Early focus centered on secure, compliant cloud storage via the HealthDATA platform, evolving into comprehensive services with automation using AWS, Azure, GCP native tools, and open-source like SaltStack for real-time compliance remediation.[1][2] Pivotal moments include launching the CyberHealth™ Platform for multi-cloud CSPM (Cloud Security Posture Management) and products like ClearDATA Locate in recent years, addressing PHI tracking in microservices amid rising breaches.[3][4][7]
ClearDATA distinguishes itself through a healthcare-exclusive focus, combining proprietary software with managed services for ultra-secure public cloud environments:
These elements deliver developer-friendly automation, easing compliance burdens so teams prioritize patient outcomes over IT risks.[1][6]
ClearDATA rides the healthcare cloud modernization wave, where organizations shift from on-premises systems to public clouds for AI, analytics, and faster data access amid surging cyber threats—healthcare faced record breaches recently, amplifying needs for compliant innovation.[1][3][4] Timing is ideal as regulations evolve (e.g., HIPAA updates) and clouds mature, but healthcare's unique PHI rules create barriers that ClearDATA removes via multi-cloud expertise, enabling secure AI/CI/CD projects without compliance drift.[2][3] Market forces like rising fines, AI-driven attacks, and FinOps demands favor its model, positioning it as a leader in a fragmented space.[3][4][7] By powering 310,000+ professionals and partnering with top clouds, ClearDATA influences the ecosystem, accelerating secure digital transformation and setting standards for PHI protection in Kubernetes/microservices eras.[4][5][6]
ClearDATA is primed for expansion as healthcare doubles down on multi-cloud AI and analytics, with its CyberHealth™ Platform evolving to counter sophisticated threats and optimize costs via FinOps.[3][7] Upcoming trends like stricter global privacy laws and edge computing will amplify demand for its automated, healthcare-tuned safeguards, potentially capturing more life sciences and payer segments.[2][3] Its influence may grow through deeper integrations and new tools for real-time PHI tracing, solidifying its role as the go-to for compliant cloud innovation—empowering providers to harness data that truly saves lives, just as it set out to do.[1][4]
ClearDATA has raised $73.0M in total across 5 funding rounds.
ClearDATA's investors include AV8 Ventures, Flare Capital Partners, Forgepoint Capital, Greg Papadopoulos, Mohamad Makhzoumi, Norwest Venture Partners, Saints Capital, Matthew Chagan.
ClearDATA has raised $73.0M across 5 funding rounds. Most recently, it raised $26.0M Series E in November 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2018 | $26.0M Series E | AV8 Ventures, Flare Capital Partners, Forgepoint Capital, Greg Papadopoulos, Mohamad Makhzoumi, Norwest Venture Partners, Saints Capital, Matthew Chagan | |
| Mar 1, 2017 | $12.0M Series D | AV8 Ventures, Flare Capital Partners, Forgepoint Capital, Greg Papadopoulos, Mohamad Makhzoumi, Norwest Venture Partners, Saints Capital, Matthew Chagan | |
| May 1, 2015 | $25.0M Series C | AV8 Ventures, Flare Capital Partners, Forgepoint Capital, Greg Papadopoulos, Mohamad Makhzoumi, Norwest Venture Partners, Saints Capital, Matthew Chagan | |
| Aug 1, 2013 | $7.0M Series B | Forgepoint Capital, Norwest Venture Partners, Saints Capital, Matthew Chagan | |
| Mar 1, 2012 | $3.0M Series A | Forgepoint Capital, Norwest Venture Partners, Saints Capital, Matthew Chagan |