Veza Scores $108 Million Series D

<p><strong>REDWOOD SHORES<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fveza&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Veza&amp&semi;index&equals;1&amp&semi;md5&equals;baca23638fcf5610b751b72702f58388" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Veza<&sol;a>&comma; a specialist in identity security&comma; has raised a &dollar;108 million Series D investment led by <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;New&plus;Enterprise&plus;Associates&amp&semi;index&equals;2&amp&semi;md5&equals;c58e7103c3bb43cb9ab152cd4f483208" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">New Enterprise Associates<&sol;a> &lpar;NEA&rpar;&comma; with participation from new investors <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;atlassian&period;com&percnt;2Fcompany&percnt;2Fventures&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Atlassian&plus;Ventures&amp&semi;index&equals;3&amp&semi;md5&equals;2029975ea424feb77ecebbd567a4120c" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Atlassian Ventures<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fventures&period;workday&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Workday&plus;Ventures&amp&semi;index&equals;4&amp&semi;md5&equals;99a9daa1da8561dd25bc95e738acf78f" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Workday Ventures<&sol;a>&comma; and <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;snowflake&period;com&percnt;2Fen&percnt;2Fcompany&percnt;2Foverview&percnt;2Fsnowflake-ventures&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Snowflake&plus;Ventures&amp&semi;index&equals;5&amp&semi;md5&equals;e2bedf6f3af31027c16eb38a457d6e62" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Snowflake Ventures<&sol;a>&period; Additional participation includes all existing investors&comma; Accel&comma; GV &lpar;Google Ventures&rpar;&comma; True Ventures&comma; Norwest&comma; Ballistic Ventures&comma; J&period;P&period; Morgan&comma; and Blackstone Innovations Investments&comma; bringing the total equity raised to &dollar;235 million&period;<&sol;p>&NewLine;<p>Veza plans to use the funds to accelerate go-to-market &lpar;GTM&rpar; worldwide and product development&period;<&sol;p>&NewLine;<p>Veza’s rapid growth highlights its effectiveness in addressing critical identity security challenges for enterprises&period; The company has achieved strong product-market fit with its unified platform for identity security and has demonstrated the expertise needed for widespread adoption&period; Veza secures access today for millions of enterprise users&comma; including multiple Fortune 1000 companies such as <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;blackstone&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Blackstone&amp&semi;index&equals;6&amp&semi;md5&equals;ac160425ba3b68d1145386af07ecff17" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Blackstone<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;workday&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Workday&amp&semi;index&equals;7&amp&semi;md5&equals;e2c5026ff13b16fe33e58d711640984d" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Workday<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;salliemae&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Sallie&plus;Mae&amp&semi;index&equals;8&amp&semi;md5&equals;842cc69d2a8bb354e9affa01ad08fa1a" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Sallie Mae<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;snowflake&period;com&percnt;2Fen&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Snowflake&amp&semi;index&equals;9&amp&semi;md5&equals;900b7d8afd3116e8c3f98d63b21130f2" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Snowflake<&sol;a>&comma; and many more&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Despite identity security being one of the most dynamic and critical sectors in cybersecurity&comma; today’s legacy identity access providers are falling short of meeting modern security needs&comma;” said Aaron Jacobson&comma; Partner at NEA&period; &OpenCurlyDoubleQuote;As enterprises prioritize secure and compliant data access&comma; Veza has demonstrated unmatched product innovation and the ability to deliver impactful solutions for global organizations&period; We’re thrilled to support the Veza team as they continue to transform what’s possible for identity security&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Identity used to be an IT function&comma; but it has now become the leading battleground of cybersecurity&comma; with almost every breach linked to credential abuse&comma;” said Tarun Thakur&comma; Veza Co-Founder and CEO&period; &OpenCurlyDoubleQuote;Identity must evolve beyond traditional directory services&comma; which only focus on users and groups&period; Veza’s industry-first approach is rooted in assembling all access permissions&comma; authorization data&comma; and activity into a unified data model&comma; enabling customers to make fast&comma; intelligent decisions that reduce risk and enforce least privilege&period; In a space crowded with startups and big-name entrants&comma; Veza has emerged as the leader in identity security&period; Our latest funding is a wake-up call to the industry&colon; the future of security starts with identity&comma; and Veza leads the way&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Identity is eating security&comma;” said <b>Kevin Mandia&comma; the founder and former CEO of Mandiant <&sol;b>and co-founder and General Partner of Ballistic Ventures&period; &OpenCurlyDoubleQuote;The rapid proliferation of data platforms&comma; SaaS&comma; and AI&comma; coupled with consistent demand for rapid innovation&comma; has created an urgent need for automated&comma; intelligence-driven identity security&period; Veza&&num;8217&semi;s unified approach will shape the future of enterprise security with a strong and comprehensive identity strategy platform&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Solving the identity problem is the top priority for every organization and security leader—and for good reason&comma;” said Jorel Van Os&comma; Chief Information Security Officer&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;acrisure&period;com&percnt;2F&amp&semi;esheet&equals;54244192&amp&semi;newsitemid&equals;20250428090240&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Acrisure&amp&semi;index&equals;10&amp&semi;md5&equals;6c2713bf3c8447101c78aed5339c4de3" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Acrisure<&sol;a>&period; &OpenCurlyDoubleQuote;Traditional identity is fundamentally broken&period; Veza has cracked the code by moving identity beyond traditional directory services of users and groups by harnessing the power of permissions and entitlements&period; With Veza’s Access Platform&comma; we&&num;8217&semi;ve transformed Acrisure’s IGA needs and identity security use cases into a unified approach that gives us full visibility and control over access&period;”<&sol;p>&NewLine;

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