VIA has successfully secured a $28 million Series B investment, solidifying its position as a leader in the cybersecurity industry.
The Boston-based company specializes in data and identity protection, offering a cutting-edge decentralized platform that meets the stringent security requirements of organizations such as the U.S. Department of Defense.
The investment round was led by Bosch Ventures, with participation from BMW i Ventures, MassMutual Ventures, and Sentinel Global. These new investors join existing stakeholders, including Westly Group, in a minority investment round that was notably oversubscribed.
VIA’s platform is distinguished by its decentralized, zero-trust architecture, which addresses the challenges of securing data across network boundaries. This innovative approach is particularly effective in mitigating insider threats and ensuring quantum-resistant security—an essential capability as cyber threats continue to evolve.
The newly acquired capital will be used to accelerate the deployment of VIA’s Web3 data protection platform among large enterprise customers. VIA’s co-founder and CEO, Colin Gounden, emphasized the growing need for such solutions, stating, “Cyber experts at the U.S. Department of Defense and global enterprises recognize that decentralized, passwordless, quantum-resistant security solutions are the only viable way to safeguard data transfers across systems of record, internal teams, external partners, IoT devices, and AI agents. This funding will drive the adoption of the world’s first military-grade Web3 data protection platform by enterprise customers.”
VIA aims to revolutionize enterprise security, which remains vulnerable to breaches as cloud applications and traditional perimeter-based defenses prove increasingly ineffective against sophisticated cyberattacks. By enhancing identity management and leveraging quantum-resistant encryption, VIA ensures that only authorized users can access and manage data while maintaining complete privacy, enterprise-scale auditability, and control.
Adam Jackson of Bosch Ventures highlighted the broad applicability of VIA’s technology, noting its strong traction across multiple industries. “As the leading supplier in the automotive and industrial sectors, we are acutely aware of the digital transformation underway across supply chains. Our team was highly impressed by the significant progress VIA is making in various sectors, and we see immense potential for their technology in the enterprise space.”
With this latest funding, VIA is poised to expand its impact, delivering state-of-the-art security solutions that redefine data protection in the modern digital landscape.