Veza’s $108M Punchline: Cloud Security Gets a Comedic Upgrade!
Veza, the San Francisco startup, just raised $108 million in Series D funding to battle the identity security woes of the cloud. With a new valuation of $808 million, they’re out to prove that outdated tools are so last season, and cloud data protection is the new chic.
Hot Take:
Veza is cashing in on the cloud security craze with a whopping $108 million in its piggy bank, proving once again that the only thing scarier than a data breach is missing out on the latest cyber gold rush. With a valuation that’s creeping up on a billion dollars, it seems like they’re making identity management as trendy as avocado toast in San Francisco. Who knew that the secret to success in Silicon Valley was mapping out data permissions one cloud platform at a time? Maybe I should start a side hustle securing my cat’s online presence.
Key Points:
- Veza, a San Francisco startup, has raised $108 million in a Series D funding round.
- The new funding was led by New Enterprise Associates (NEA), with participation from notable investors like Accel, GV, and others.
- The company’s valuation has now reached $808 million.
- Veza specializes in identity security for cloud data, helping enterprises manage user permissions and access events.
- The startup argues that traditional identity-access management tools are inadequate for modern cloud environments.