D.Day Labs

The D.Day Labs company (Cognigo brand) advances the platform which business can use for data protection according to the state requirements similar to the European regulations of GDPR. The solution uses technologies of natural language processing and other types of artificial intelligence for ordering of certain data types according to requirements of regulating documents. The platform supports the data which are stored in a cloud and locally in the structured and unstructured formats.

D.Day Labs is founded in August, 2015 in Israel. By the end of May, 2019 the head office of a startup is in New Jersey (USA), and in Tel Aviv the research and development center is located.

History

2019: NetApp purchased D.Day Labs for $70 million

At the end of May, 2019 it became known of sale of D.Day Labs of Netapp company for $70 million. The transaction on social network LinkedIn was announced by the CEO of D.Day Labs Guy Leibovitz.

NetApp purchased the developer of the platform which by means of AI protects data

According to him, the agreement was not unexpected as the companies cooperate several years. About 35 employees of D.Day Labs will pass into NetApp and will work in Israeli R&D-центре which number of staff by the end of May, 2019 is measured 80-90 people. This center was created after merger of Onaro by Netapp company in 2008 for $120 million.

Guy Leibovitz told that NetApp is going to use Cognigo technologies for expansion of the functional software for data management of Cloud Volume ONTAP thanks to adding of "solution AI for observance of rules".

The decision on that us purchased, can be considered as good and bad, but I am sure that it is correct. For a short time we reached the space growth at which each startup aims. Revenue is tripled nearly an every quarter. At us the number of clients among whom — the leading banks, insurance and media companies worldwide quickly grew — Leibovitz said.[1]

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