VIA Secures $28M from Global Enterprises to Scale Its Decentralized Data and Identity Protection Platform Amid Surging Demand
Summary
VIAs decentralized identity management, combined with end-to-end quantum-resistant encryption, ensures access and privacy for authorized parties, with enterprise-scale, auditability, and control.As the number one supplier across automotive and many industrial sectors, were deeply familiar with the digital transformation taking place across supply chains. Our team was extraordinarily impressed with the phenomenal traction VIA is gaining across multiple sectors, and we see huge applications for their technology in the enterprise, said Adam Jackson, Bosch Ventures partner, who led the funding.Todays cybersecurity incumbents focus primarily on network boundaries and passwords, leaving major vulnerabilities such as social engineering and administrator attacks unaddressed. VIAs natively decentralized, zero trust architecture empowers enterprises to safeguard their most critical assets in an easy-to-deploy, easy-to-maintain, and easy-to use platform.Unlike any other Web3 technologies, our quantum-secure, passwordless solutions can be deployed quickly in a variety of the most demanding environments and our entire software stack is checked 24/7 for vulnerabilities, added chief operating officer and co-founder Kate Ravanis. VIA is paving the way for real-time communication across trusted systems and safer, more resilient mobility solutions.Charles Svirk, Partner at MassMutual Ventures stated, We have extensive knowledge of sensitive, regulated data and have been long-time investors in enterprise infrastructure, fintech, and security software. We look forward to supporting VIAs enterprise growth through MassMutuals connections in the energy, real estate and infrastructure sectors.VIA is the leader in decentralized, enterprise-scale data and identity protection.