Concentric launches with a deep learning approach to fixing broken file permissions

Concentric Inc. launched today with $7.5 million in a Series A funding and a new approach to document-level security.The approach relies upon the artificial intelligence technique of deep learning to identify documents that are unprotected or inappropriately shared by analyzing their contents. The company was founded by an executive team with extensive experience at networking and security firms that include Juniper Networks Inc., PGP Corp., Symantec Corp., Hewlett Packard Enterprise Inc., Aruba Networks Inc. and Andiamo Systems Inc.It uses a technology called Semantic Intelligence to scour an organization’s servers and classify documents according to their contents. The software then identifies access rights for those documents and automatically adjusts privileges based upon policies and permissions for similar documents. Actions can range from disabling an individual user’s access to changing group permissions.Concentric estimates that the average business has 10 million documents ,of which about 1.2 million are critical to the business. It figures a 20% of those files carry improper sharing privileges, most of which are overly generous.