Market Overview

Immuta Appoints Matt Zames to Board of Directors


today announced the appointment of Matt Zames, President of Cerberus
Capital Management, L.P. ("Cerberus"), to its board of directors. Mr.
Zames brings extensive operating experience building, understanding, and
explaining advanced models within highly regulated environments and will
provide knowledgeable insights to Immuta as the company accelerates
adoption of its data
management platform for artificial intelligence

"Matt is an experienced global operator with significant expertise in
digital transformation efforts across large enterprises. From our first
meeting, it was clear that Matt has a unique understanding about
becoming an algorithm-driven enterprise," said Matthew Carroll,
co-founder and CEO, Immuta. "Matt's technology expertise and operational
experience will be invaluable to our Board and our leadership team as we
continue to deliver on our product vision and scale to meet the massive
opportunity to serve our users."

As President of Cerberus Capital Management, a global leader in
alternative investing, Mr. Zames has broad responsibilities across its
platform and leads a number of operational and strategic initiatives,
including overseeing all investments in the financial services industry,
growing the understanding and use of technology, data, and AI in
investment activities and at the firm's portfolio companies, and helping
the firm identify and capitalize on new investment strategies.

Prior to Cerberus, Mr. Zames was most recently the Chief Operating
Officer and a member of the Operating Committee of JPMorgan Chase & Co.
Prior to that, he was Chief Investment Officer of JPMorgan Chase and
held number of senior executive roles in its investment banking business.

"Immuta has created a remarkable platform that enables organizations to
build trusted AI environments that are easily accessible,
understandable, and auditable," commented Mr. Zames. "As a board member,
I look forward to advising Immuta's talented leadership team as they
seek to further elevate its platform and capitalize on the accelerating
adoption of critical enterprise technology solutions."

Immuta provides the industry's only enterprise data
management platform for AI
, enabling organizations to quickly
operationalize their data for increased access, control, and visibility
to drive their machine learning and AI programs. The Immuta platform
makes virtual views of data self-serviceable, while enforcing policy
controls dynamically, as the data is queried. The results are models
that risk professionals and data scientists can trust.

Zames Appointment to Immuta BoD Increases Company Momentum
addition of Mr. Zames to the Immuta board of directors builds on the
company's tremendous momentum in 2018. Recent company highlights include:

  • Customer Growth: Immuta grew more than 260 percent YoY in
    customer revenue, adding new G1000 customers in insurance, financial
    services, and healthcare.
  • AI Advocacy: In conjunction with the Future
    of Privacy Forum (FPF)
    , Immuta unveiled the first-ever framework
    for practitioners to manage risk in AI and machine learning models.
    The joint white paper, Beyond Explainability: A Practical Guide to
    Managing Risk in Machine Learning Models
    , can be downloaded here.
  • Corporate Growth: Immuta recently announced the close of $20M
    in Series B funding from DFJ Growth, with participation from new
    investors Dell Technologies Capital and Citi Ventures.
  • Technology Innovation: The company introduced new features to
    the world's first data management platform for AI, introducing Global
    , external Data
    Catalog Integration
    , and Curated Tag support for faster data
    access and policy authoring for scalable AI and machine learning

About Immuta
Immuta is the fastest way for algorithm-driven
enterprises to accelerate the development and control of machine
learning and advanced analytics. The company's hyperscale data
management platform provides data scientists with rapid, personalized
data access to dramatically improve the creation, deployment, and
auditability of machine learning and AI. Founded in 2014, Immuta is
headquartered in College Park, Maryland. For more information, visit
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