Three-year old startup Vera scores huge deal to protect all of GE’s IP

▤ Summary

When Box landed GE as a customer in 2014, it marked a turning point for the cloud content management company, giving them momentum ahead of their IPO. It brings together a lot of work we have been doing since the inception of the company three years ago,” CEO Ajay Arora told TechCrunch. “When product designs and specifications are shared without continuous protection as part of our supply chain collaboration and technical processes, they’re susceptible to theft or illegitimate use in today’s digital economy. Vera addresses this problem because we know even when shared externally, these files are protected at the source,” she said in a statement. “Security exists to protect IP that companies have been spending billions of dollars to create.

▦ Linked Companies

VERA Security Inc

$25M to $50M