A Very Good Approach to Security

August 28, 2018

No one goes into business because they want to do data security. But whether you’re a brand-new startup or a Fortune 500 giant, effective data security is essential to be – and stay – in business. The only thing less fun than data security and compliance is a data breach.

If you’re anything like us, you’re tired of hearing about data breaches, and you’re tired of them happening, over and over, at the expense of your own privacy and security.

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What if best-in-class security and compliance didn’t have to be a tax on your business? What if your security posture actually enabled business instead of blocking it?

At Very Good Security (“VGS”), we believe this future is possible. We are passionate about democratizing data security for companies of all sizes. We’ve made it our mission to protect the world’s sensitive data in order to enable innovation without compromising security or privacy.

Today VGS is thrilled to announce that we have raised a Series A funding round led by Andreessen Horowitz (a16z) with participation from Vertex Ventures, NYCA Partners (founded by Hans Morris, former president of Visa), Slow Ventures, and Max Levchin (co-founder of PayPal).

Investors

We are also pleased to welcome Alex Rampell, a16z’s General Partner, to the Board of Directors. Alex is a seasoned operator with expertise in the fintech space and serves on the boards of companies like TransferWise and Earnin. Alex is also a serial entrepreneur with successful exits to McAfee and Visa.

In addition to helping us to grow our team, support more customers, and add new compliance certifications (we already support PCI, SOC2, EI3PA, HIPAA and more), this funding will accelerate our international expansion and help make best-in-class data security available to everyone.

On behalf of the team at Very Good Security, we want to thank everyone who has helped us get to this point: our customers, our investors, our employees, and our loved ones for supporting us as we worked to get this company off the ground.

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VGS remains laser-focused on making data security and compliance a frictionless experience. We are incredibly excited about our progress thus far, and we have several more announcements coming soon! Subscribe to our newsletter to stay up to date.

To see first-hand how your data and compliance posture can become “very good”, sign up for a free developer account and get started in our sandbox.

Finally, we always love hearing from you, so feel free to reach out with comments or questions.

Move fast and stay secure,

Mahmoud

P.S. We're hiring!

Mahmoud Mahmoud Abdelkader

CEO at VGS

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