Veza
Overview
Veza is a technology company specializing in identity security solutions, founded in 2020 by Tarun Thakur, Robert Whitcher, and Maohua Lu. Based in Los Gatos, California, the company provides solutions that help organizations manage and secure access across enterprise systems. With a total funding of $235 million from investors such as NEA, Accel, and Google Ventures, Veza focuses on enhancing identity security through its innovative Access Platform, which integrates various security functionalities.
Recent Developments
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April 2025: Veza raised $108 million in a Series D funding round led by New Enterprise Associates, bringing its valuation to $808 million. New investors such as Atlassian Ventures, Workday Ventures, and Snowflake Ventures also participated in this round, alongside existing backers including Accel and Blackstone. The funds are earmarked for expanding Veza's global market reach and enriching its product development efforts.
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March 2025: The company launched the Veza Identity Partner Program to support resellers and channel partners like VARs, GSIs, and CSPs. This initiative aims to scale identity security solutions across global markets through strategic partnerships, offering financial incentives and role-based training to its partners.
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February 2025: Veza appointed Tom Barsi as Senior Vice President of Global Ecosystems and Alliances. In this role, Barsi is charged with invigorating Veza's channel strategy to foster partnerships that address identity security market opportunities.
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August 2024: Veza introduced Access AI, a generative AI-powered solution to maintain the principle of least privilege at enterprise scale. This tool leverages AI to provide an effective governance framework for monitoring and managing access across identity security platforms.
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June 2023: Veza achieved a milestone of 100 integrations within its ecosystem. These integrations enable organizations to automate and enhance governance across various cloud identities and SaaS applications.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2020 |
| Headquarters | Los Gatos, California, United States |
| Founders | Tarun Thakur, Robert Whitcher, and Maohua Lu |
| Valuation | $808 million (April 2025) |
| Total Funding | $235 million |
| Key Investors | NEA, Accel, Google Ventures, Blackstone Innovations Investments, Atlassian Ventures, Workday Ventures, Snowflake Ventures |
| Industry | Identity Security, Technology |
| Number of Employees | 190 (April 2025) |
| Key Products | Veza Access Platform, Access AI |
Early History
Veza was founded in 2020 by entrepreneurs Tarun Thakur, Robert Whitcher, and Maohua Lu with the vision of developing a comprehensive approach to identity security. Addressing a significant gap in the security landscape, the founders focused on the principle of least privilege and sought to deliver solutions that provide a unified view of identity management across enterprise systems. Starting from its headquarters in San Jose, California, Veza quickly gained traction for its pioneering technology that marries data security with effective permission management.
Company Profile and Achievements
Veza has established itself as a leader in identity security by delivering nuanced solutions that cater to both human and non-human identity management. The company's flagship product, the Veza Access Platform, integrates the management of user permissions with cutting-edge AI technologies to automate and optimize identity administration. Some key achievements include:
- Securing significant partnerships and clients, including major corporations like Blackstone, Workday, and Snowflake, who rely on Veza's platform to manage identity security needs.
- Facilitating over 20 billion access permissions across global enterprises, thus demonstrating the scalability and adaptability of their platform.
- Launch of innovative solutions like Access AI, aimed at leveraging artificial intelligence to predict and prevent identity-based security risks.
Current Operations and Market Position
Veza operates at the intersection of technology and security, focusing on enhancing identity governance and securing access across complex digital ecosystems. The company is strategically positioned in the identity security market, experiencing substantial growth through its product innovations like the Veza Access Platform and Access AI. Veza's current trajectory positions it as a formidable player in the industry, with plans to continue expanding its global footprint and investing in innovative product developments.
Conclusion
In its five years of operation, Veza has significantly influenced the identity security landscape with its innovative solutions that streamline access governance, enforce least privilege, and enhance organizational cybersecurity. With continued investment and development, Veza is poised to address future identity and access challenges, positioning itself as a cutting-edge solution provider in a rapidly evolving technological world.