What Mage Data does

Mage Data (legal entity MENTIS Inc) is a New York-headquartered, privately held data security software company founded in 2014. It provides an AI-driven unified platform that covers sensitive data discovery and classification, static and dynamic data masking, test data management, database virtualization, database firewall and activity monitoring, data catalog with lineage, and AI/ML data governance — all delivered through a conversational UI from a single pane of glass. The platform is built on a patented NLP discovery engine and ships with pre-built policies for 50+ global data privacy regulations; it integrates with 28+ connectors across cloud, on-premises, and hybrid environments, with specialized accelerators for SAP, Oracle ERP, Snowflake, and Google BigQuery.

The company targets Global 2000 enterprises in regulated verticals, with documented customers in BFSI (Fortune 15 companies, top-tier Swiss banks, a global credit reporting agency, a Caribbean bank with over $1 billion in revenue), healthcare (a North American provider managing 30+ million patient records), manufacturing (an industrial customer with 300+ SAP systems), energy (a Middle East oil and gas enterprise), and consulting. Operationally, Mage Data runs a direct enterprise field sales motion complemented by a multi-tier channel ecosystem of system integrators (HCL, Harman), distributors (Gulf IT, Inspira), resellers (Hitachi, NITYO), and technology partners (Microsoft, Oracle, SAP), with offices in the US, India, and the Dominican Republic.

Revenue mechanics are quote-based enterprise SaaS subscriptions on annual contracts; the company has raised only ~$550K total across three small rounds (2014, 2017 from Bluehill Capital, 2020 from Refex Capital Fund) suggesting organic, likely profitable scaling. Leadership includes founder and CEO Rajesh K. Parthasarathy, COO Paula Capps, CTO Anil Bhat, and CRO Dan Saccani (joined 2024 from AWS), with Frank Fanzilli as Chairman. The company holds ISO 27001 certification and is recognized as a Leader or Champion by Gartner Peer Insights, Bloor, KuppingerCole, Forrester, QKS Group, and Quadrant Knowledge Solutions.

Name

Mage Data

Legal name

MENTIS Inc

Website

https://magedata.ai

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Mage Data provides an AI-driven unified data security platform for Global 2000 enterprises, offering sensitive data discovery, masking, test data management, and AI data protection across regulated industries including BFSI, healthcare, and manufacturing.

Ownership category

akta.pro rank

Product category

Data Security and Privacy Software

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Data Discovery, Classification & Labeling (HDADAFAF)

akta.pro secondary industries

AI Privacy Engineering & Data Governance (PII, consent, retention) (HDAAAKAB), Privacy-Preserving Data (De-identification, Anonymization, PII Redaction) (HDAAALAG), Data Loss Prevention (DLP) & Sensitive Data Discovery (PHI/PII) (HLACAJAC), Data Security & Privacy for Cloud (DLP, DSPM, Tokenization) (HDABAHAK)

Keywords

• Data masking software
• Test data management
• Sensitive data discovery
• Data privacy platform
• AI data governance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Subscription License: End User Subscription License Agreement indicates SaaS-style recurring subscription model for platform access. Terms of service reference commercial licensing.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels13 records

Core offering

Mage Data provides an AI-driven, integrated conversational platform for enterprise data protection. It unifies Data Discovery & Classification, AI Protection & Governance, Test Data Management, and Production Data Protection under a single pane of glass, serving Global 2000 enterprises with patented NLP-based discovery, static and dynamic masking, database virtualization, GenAI firewall, and pre-built policies for 50+ global data privacy regulations.

Product overview

Mage Data is a unified data security platform built as an integrated platform providing complete data lifecycle protection. The core Mage Data Platform unifies Data Discovery & Classification, AI Protection & Governance, Test Data Management (TDM), and Production Data Protection under a single Conversational UI. Key modules include Discovery 2.0 for AI-powered sensitive data discovery, TDM 2.0 with Database Virtualization and Intelligent Subsetting, GenAI Firewall and Real-time Prompt Protection for AI security, Static and Dynamic Data Masking, Database Firewall and Activity Monitoring, Data Catalog with Lineage, and Secure Data Provisioning. The platform spans both production and non-production environments with capabilities like Log Data Protection, Secure File Gateways, and File Watchdog. Available in versions R24 and R25, the platform also offers specialized SAP protection (Unified Data Protection Fabric for SAP) and TDM Agent for autonomous test data generation. SecureFact provides weekly cybersecurity news content.

Differentiator

Problem solved

Functional benefit

Brands

• SecureFact™: Weekly cybersecurity newsletter delivering critical updates on global data security and privacy developments
• TDM 2.0
• Discovery 2.0
• iDiscover™
• iMask™

Products and services

• Mage Data Platform

Quantifiable outcome

• Storage cost reduction of up to 90% through intelligent subsetting and database virtualization
• +7 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability6 records

Feature9 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Informatica: Informatica is a direct competitor in data masking, data discovery, and data governance. Both companies offer enterprise-grade sensitive data discovery, masking, and test data management, and compete for the same Global 2000 BFSI and healthcare buyers.
• Delphix: Delphix is a direct competitor in test data management and data virtualization. Its core capabilities in data masking, virtualized test data provisioning, and CI/CD integration directly overlap with Mage Data's TDM 2.0 and Database Virtualization modules.
• Collibra: Collibra is a direct competitor in data catalog, data lineage, and data governance. Both companies compete for the same enterprise buyers seeking unified visibility into sensitive data, lineage tracking, and policy enforcement.
• BigID: BigID is a direct competitor in AI-powered data discovery, classification, and privacy management. It overlaps with Mage Data's Discovery 2.0, data catalog, and privacy compliance use cases for regulated enterprises.

Broad incumbents

• IBM InfoSphere Optim Data Privacy: IBM InfoSphere Optim is a broad incumbent in enterprise data masking and test data management. It is frequently evaluated alongside Mage Data by Global 2000 enterprises for legacy masking and subsetting deployments.
• Oracle Data Masking and Subsetting: Oracle's native Data Masking and Subsetting pack is a broad incumbent offering tied to the Oracle database ecosystem. While Mage Data partners with Oracle ERP, native Oracle masking remains a default choice that competes with Mage Data's specialized accelerator.
• Microsoft Purview: Microsoft Purview is a broad incumbent in data governance, catalog, and security that increasingly bundles discovery, classification, and policy enforcement. It competes with Mage Data for enterprise data catalog and discovery workloads, especially in Microsoft-centric Azure estates.
• OneTrust: OneTrust is a broad incumbent in privacy management, consent, and data governance that often appears in enterprise RFPs alongside Mage Data. It overlaps in regulatory policy automation and data discovery but is broader in scope than Mage Data's platform.

Emerging players

• Immuta: Immuta is an emerging player in dynamic data masking, access control, and data security posture management for cloud data platforms. It overlaps with Mage Data's Dynamic Data Masking, Database Firewall, and production data protection capabilities for Snowflake, Databricks, and BigQuery environments.
• Privacera: Privacera is an emerging player in unified data security and governance built on Apache Ranger. It overlaps with Mage Data's data discovery, classification, and access governance for cloud data warehouses such as Snowflake and Databricks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=Jq75hUv_0xk
• LinkedInlinkedin.com/company/mage-data
• Xx.com/magedatadotai
• Facebookfacebook.com/magedata2022

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds6 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mage Data