What is Very Good Security?
Very Good Security (VGS) is dedicated to empowering consumers by safeguarding their sensitive information from unauthorized access. The company provides accessible data security solutions tailored for emerging technology firms, thereby stimulating advancement across various industry sectors. By managing liability and accelerating compliance processes, VGS enables businesses to finalize critical deals more efficiently. VGS stands at the vanguard of security innovation, offering protection for data in diverse formats, including documents, images, communications, and voice transmissions.
How much funding has Very Good Security raised?
Very Good Security has raised a total of $43.5M across 2 funding rounds:
Series A
$8.5M
Series B
$35M
Series A (2018): $8.5M with participation from Andreessen Horowitz, Slow Ventures, Nyca Partners, and Vertex Ventures
Series B (2019): $35M led by Vertex Ventures US, Andreessen Horowitz, and Goldman Sachs' Merchant Banking Division
Key Investors in Very Good Security
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in technology companies. They provide strategic guidance and capital to help startups scale and achieve market leadership.
Nyca Partners
Nyca Partners connects financial institutions with startup founders through a collaborative network, focusing on thematic and disciplined investment strategies within the financial landscape.
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software, focusing on infrastructure and SaaS companies.
What's next for Very Good Security?
The substantial enterprise-level funding VGS has garnered suggests a strategic pivot towards scaling operations and potentially expanding its technological offerings. With a focus on securing sensitive data for a broad range of industries, the company is well-positioned to capitalize on the increasing demand for robust data protection solutions. Future investments will likely target enhancing its platform, broadening its market reach, and solidifying its position as a leader in the data security sector.
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