US-headquartered data security software provider Veza has publicly launched with over $110m in funding from investors including GV, the subsidiary of internet and technology group Alphabet formerly known as Google Ventures.
Accel, Bain Capital, Ballistic Ventures, Norwest Venture Partners and True Ventures also took part, as did individuals including Kevin Mandia, Enrique Salem, Lane Bess, Manoj Apte, Joe Montana, Niels Provos and Karthik Rangarajan.
Founded in 2020, Veza has built an authorisation-based software platform designed to protect data across hybrid multi-cloud environments, where traditional cybersecurity products are less able to work effectively.
The platform functions by connecting an organisation’s cloud and on-premises systems and authorising metadata use for specific people across users, data systems, cloud service providers and software applications.
GV general partner Karim Faris said: “Organisations need a data security product built both for the on-premise and multi-cloud world. Veza’s comprehensive approach pulls together authorisation metadata from disparate systems and presents them in a single schema: the metadata authorisation graph.
“It is the only company that can show you the truth of your data permissions – or authorisation – across your organisation’s entire cloud ecosystem. We are excited to work with (co-founder and chief executive) Tarun Thakur and the Veza team on the road ahead.”
