Veza Raises $108M to Transform Enterprise Identity & Access Security

Veza, the identity security company revolutionizing how organizations secure access across the enterprise, recently announced an impressive funding milestone by raising $108,000,000. This significant capital injection will enable Veza to further enhance its groundbreaking Access Platform, a tool that goes beyond traditional identity governance and administration by visualizing, monitoring, and controlling access entitlements. With this funding, Veza is well-positioned to empower its global clientele in achieving compliance, enforcing least privilege policies, and mitigating breach risks. Leading industry players such as Wynn Resorts, Expedia, and Blackstone have already placed their trust in Veza's platform to manage essential identity security use cases, including privileged access monitoring, non-human identity security, data system access, and SaaS access security, among others. Founded in 2020 and headquartered in Los Gatos, California, Veza has quickly emerged as a key innovator in the cybersecurity landscape. Its commitment to helping organizations maintain robust security postures is further strengthened by its advanced capabilities in IAM hygiene, identity security posture management, and next-generation IGA. The recent funding round, supported by renowned investors such as Accel, Bain Capital, Ballistic Ventures, Google Ventures (GV), Norwest Venture Partners, and True Ventures, underlines the market’s confidence in Veza’s vision and technological prowess. Moving forward, Veza plans to deploy these funds to deepen its product innovation, expand its global reach, and better serve enterprises striving to secure a digital future. To follow this exciting journey, visit veza.com and connect with Veza on LinkedIn, Twitter, and YouTube.