Very Good Security and Plaid join forces to enhance data security for the digital finance ecosystem

Very Good Security (VGS) announced an expanded partnership with Plaid, a data network that powers the tools millions of people rely on to live healthier financial lives. VGS will be a preferred tokenization partner for Plaid customers. Tokenization can… Continue reading Very Good Security and Plaid join forces to enhance data security for the digital finance ecosystem

Very Good Security Payment Optimization offers merchants control of their payments

Very Good Security released a suite of products to optimize payment acceptance, approvals, and costs in any payments ecosystem. Collectively known as VGS Payment Optimization, the suite allows businesses to customize their payments ecosystem across mul… Continue reading Very Good Security Payment Optimization offers merchants control of their payments

Orca Security raises $550M to accelerate transformation of cloud security industry

Orca Security announced that it has raised $550 million in its extended Series C fundraising round led by Temasek, an investment company headquartered in Singapore. The round boosted its valuation 50 percent in just seven months to $1.8 Billion. Orca S… Continue reading Orca Security raises $550M to accelerate transformation of cloud security industry

Very Good Security helps organizations achieve SOC 2 compliance with VGS Control

Very Good Security (VGS) has further cemented its commitment to securing the world’s information by empowering organizations to prepare for their first SOC 2 audits completely free with VGS Control (Control). Achieving SOC 2 compliance has historically… Continue reading Very Good Security helps organizations achieve SOC 2 compliance with VGS Control

Visa invests in VGS to accelerate fintech innovation while advancing data security

Very Good Security (VGS), a leader in modern data security and custodianship, announced that it has received a strategic investment from Visa to expand access to VGS’ infrastructure-as-a-service for financial technology companies (fintechs) and large e… Continue reading Visa invests in VGS to accelerate fintech innovation while advancing data security

Andreessen Horowitz leads $8.5 million investment in Very Good Security

Very Good Security (VGS) announced that it has raised $8.5 million via a Series A funding round led by Andreessen Horowitz. The funding will allow VGS to further scale its security product, which lets companies collect, secure and exchange data without… Continue reading Andreessen Horowitz leads $8.5 million investment in Very Good Security

Very Good Security raises $8.5 million to handle companies’ sensitive data

Companies today have to navigate a security and compliance maze to make sure that they’re storing customer data safely and not running afoul of any regulations. San Francisco startup Very Good Security (VGS) is trying to fix that problem by handling the data on behalf of businesses. VGS announced Tuesday that it raised $8.5 million in Series A funding. VGS collects its clients’ sensitive customer data — such as payment information or Social Security Numbers — and stores it in its own “vaults.” Whenever the data is required by customer application, VGS identifies it and switches it for “surrogate values” that have the same functionality. “Because VGS maintains multiple compliances and isolates customers from sensitive data, it enables businesses to quickly achieve regulatory compliance,” the company says. VGS says its solution gives companies piece of mind because it takes on the liability of maintaining secure storage systems — companies won’t […]

The post Very Good Security raises $8.5 million to handle companies’ sensitive data appeared first on Cyberscoop.

Continue reading Very Good Security raises $8.5 million to handle companies’ sensitive data