INSUBCONTINENT EXCLUSIVE:
Data security startup Very Good Security has raised $35 million in its latest round of funding.Its Series B, announced Thursday, was led by
Instead of other businesses and startups holding onto their own collected user data, Very Good Security stores it in its secured vault, and
offering replaces sensitive data, such as credit card numbers or medical information for example, with an aliased version
The company says by storing data in its vaults and not their own makes it more difficult for attackers to steal user data, while relieving
companies of the burden of having to maintain a secure data environment themselves.It makes sense, given how startups especially are
notoriously unfocused on security.Mahmoud Abdelkader, co-founder and chief executive of Very Good Security, said his company helps other
To date, the company has enlisted Brex and Deliveroo as customers, indicating considerable trust in the platform.
