- Very Good Security, a San Francisco, CA-based standard for data security, compliance, and custodianship company, raised $60m in Series C funding
- The round was led by Vertex Ventures US with participation from existing investors
- The company intends to use the funds to accelerate the growth of operations and its business reach
- Very Good Security is a data security company whose platform allows businesses to use sensitive data without the cost or liability of securing the data themselves
- VGS provides the specialized infrastructure to act as a custodian for sensitive data, improving security while also accelerating business growth
- The system now processes billions of records of sensitive data, and its data under management has grown more than 10x year-on-year
