Thursday, November 21, 2024
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Very Good Security: Raises $60M in Series C Funding

  • Very Good Security, a San Francisco, CA-based standard for data security, compliance, and custodianship company, raised $60m in Series C funding
  • The round was led by Vertex Ventures US with participation from existing investors
  • The company intends to use the funds to accelerate the growth of operations and its business reach
  • Very Good Security is a data security company whose platform allows businesses to use sensitive data without the cost or liability of securing the data themselves
  • VGS provides the specialized infrastructure to act as a custodian for sensitive data, improving security while also accelerating business growth
  • The system now processes billions of records of sensitive data, and its data under management has grown more than 10x year-on-year

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