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Veza Announces Strategic Investments From Capital One Ventures And Servicenow Ventures

Aug 10, 2023over 2 years ago
Redwood ShoresSecurityInformation TechnologySoftware

Investors

Gillian RobertsService Now VenturesCapital One Ventures

Description

Veza, the identity security company, today announced that Capital One Ventures and ServiceNow Ventures have made strategic investments in Veza, bringing the company’s total financing to $125 million. The capital will be used to accelerate Veza’s product development, develop integrations for enterprise systems, and increase go-to-market capacity as it continues to meet demand for its enterprise identity security platform.

Company Information

Company

Veza

Location

Redwood Shores, California, United States

About

Veza is the data security platform built on the power of authorization. Our platform is purpose-built for hybrid multi-cloud environments to help you use and share your data safely. Veza makes it easy to understand, manage, and control who can and should take what action on what data. We organize authorization metadata across identity providers, data systems, cloud service providers, and applications — all to address the toughest data security challenges of the modern era. Founded in 2020, the company is funded by top-tier venture capital firms including Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners, and True Ventures. To learn more, please visit us at veza.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers