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Skyflow’s Regional Presence Grows with New Generative AI Feature for Privacy Tool

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Skyflow Expands Data Residency Support for Companies in Additional Markets

Skyflow, a data-privacy startup, has recently announced an expansion in the number of markets where it offers data residency support for companies that need to keep certain information inside defined borders. With customer data privacy issues on the rise, companies need to take care of where they store sensitive and personal information. Skyflow’s tools allow companies to handle privacy, encryption, and data management issues of storing PII (personally identifying information) and other forms of radioactive data for its customers safely and efficiently.

Expansion of Regional Data Storage Capabilities

The startup can now support data residency requirements in Japan, India, Indonesia, and Bahrain. Skyflow’s CEO Anshu Sharma thinks this will allow software companies to offer their services in more markets, more promptly, while meeting local regulatory requirements concerning where the data lives and personal user information’s safe storage.

By expanding its regional data storage capabilities, Skyflow is making ways to help other firms avoid the complexity of spinning up their data storage and security frameworks just to launch in new markets. The expansion was possible because of a high fixed cost, which Skyflow was able to afford because it raised a lot of money, enabling the company to take on the infrastructure and operational costs for its clients.

Generative AI Services

Initially focused on offering its service to the fintech and health care verticals, Skyflow recently built a version of its data storage service to support generative AI services. His startup began receiving calls from customers a few months ago about generative AI and how those companies need to keep not just personally identifiable information (PII), but internally sensitive data away from Large Language Models (LLMs). The demand is coming from both bottom-up usage of generative AI tools and executive-level curiosity; corporate drones and demigods alike want to use generative AI in a secure manner.

Skyflow’s Recent Funding

Skyflow’s most recent funding is a Series B round of $45 million, which was concluded in late 2021. Skyflow does over 40% of its current business with non-American customers. The CEO emphasized — by demonstrating S-1 filings — that some well-known software companies sported a low-double-digit portion of their revenue from international markets when they went public. It’ll be curious to see if greater regional support pushes that figure above 50% in time; we’ll check back in with the startup in a few quarters.

Breakdown of Skyflow’s Expansion

Data Residency Support

Skyflow can now offer data residency support in Japan, India, Indonesia, and Bahrain.

Importance of Data Residency

Companies need to take care of where they store sensitive and personal information, and with data privacy issues on the rise, companies need to keep certain information inside defined borders.

Skyflow’s Solution

Skyflow’s tools allow companies to handle privacy, encryption, and data management issues of storing PII and other forms of radioactive data for its customers safely and efficiently.

Generative AI Support

Skyflow recently built a version of its data storage service to uphold generative AI services, allowing companies to keep internally sensitive information away from LLMs.

Conclusion

By expanding its regional data storage capabilities, Skyflow is making it more accessible for firms to launch in new markets without the complexity of spinning up their data storage and security frameworks. With customer data privacy issues on the rise, companies need to take care of where they store sensitive information. Skyflow’s tools allow companies to handle privacy, encryption, and data management issues of storing PII and other forms of radioactive data for its customers safely and efficiently.

FAQs

What is Skyflow?

Skyflow is a data-privacy startup that helps companies store personally identifying information (PII) efficiently by handling all the difficult privacy, encryption, and data issues.

What is Data Residency Support?

Data residency support refers to where companies choose to store customer data while adhering to local regulations or meeting customer demands. Skyflow can provide Data residency support in several countries, including Japan, India, Indonesia, and Bahrain.

What are Generative AI services?

Generative AI refers to AI models that produce new and original content or data. Skyflow built a version of its data storage service to support generative AI services, allowing companies to keep internally sensitive information away from Large Language Models (LLMs).

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