Veza is a data security platform designed to help users safely access and share their data. It simplifies the process of understanding, managing, and controlling who has permission to take specific actions on various data assets. By organizing authorization metadata across identity providers, data systems, cloud platforms, and applications, Veza provides a unified view of access rights. Its platform addresses the complex data security challenges faced by modern organizations.
Veza has raised $108 million in a Series D funding round, valuing the company at $808 million. The new round was led by New Enterprise Associates (NEA), with participation from new investors Atlassian Ventures, Workday Ventures, Snowflake Ventures, and existing investors, Accel, GV (Google Ventures), True Ventures, Norwest, Ballistic Ventures, J.P. Morgan, and Blackstone Innovations Investments.
Veza, headquartered in Palo Alto, California, United States, was founded in 2020 by Maohua Lu, Rob Whitcher, and Tarun Thakur. “Identity used to be an IT function, but it has now become the leading battleground of cybersecurity, with almost every breach linked to credential abuse,” said Tarun Thakur, Veza Co-Founder and CEO. “Identity must evolve beyond traditional directory services, which only focus on users and groups. Veza’s industry-first approach is rooted in assembling all access permissions, authorization data, and activity into a unified data model, enabling customers to make fast, intelligent decisions that reduce risk and enforce least privilege. In a space crowded with startups and big-name entrants, Veza has emerged as the leader in identity security. Our latest funding is a wake-up call to the industry: the future of security starts with identity, and Veza leads the way.”
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