Collibra Inc., a maker of tools that help enterprises ensure the integrity of their business information and prevent data leaks, today announced it has secured $100 million in fresh funding.

Alphabet Inc.’s CapitalG investment arm led the late-stage Series E round. The fund, which primarily invests in late-stage startups, has backed many prominent tech companies, including Airbnb Inc., Lyft Inc. and UiPath Inc., a robotic process automation provider recently valued at $3 billion.

Collibra said its post-money valuation following the new funding exceeds $1 billion. The round caps off a year which the company increased annualized recurring revenues by 80 percent and saw the number of enterprises that use its data governance tools surpass 300.

Collbra’s flagship cloud offering, the Data Governance Center, provides a hub for managing how employees use a company’s business records. The platform can automatically enforce rules on what users can and cannot do with the data. An insurer, for instance, could set up policies to prevent employees from sharing files containing patient details with people outside the organization.

Data Governance Center also provides control over much more minute details such as the specific business terms used in documents. And it doubles as a monitoring tool for tracking how files change over time. Workers can assess where a record has been to determine if its contents can be trusted, as well as restore earlier versions in case inaccurate data was added somewhere along the way.

Collibra’s other major focus area is making information more easily accessible across business unit. Alongside Data Governance Center, the company sells a product called Collibra Catalog that lets workers centrally explore records from different parts of their organization.

The company plans to use the new funding to build more products. In a blog post, Collibra Chief Executive Felix Van de Maele (pictured) detailed that the development effort will place a particular emphasis on artificial intelligence. The company’s Collibra Catalog product already uses AI to surface relevant records based on users’ past searches.

Collibra has raised a total of $134 million to date. Besides CapitalG, the latest $100 million round also saw the participation of Iconiq Capital, Dawn Capital, Battery Ventures and Index Ventures.

Photo: Index Ventures