PANews reported on March 19 that according to Citybiz, Via Science, Inc. (VIA) has completed a $28 million Series B financing to accelerate the development of its data and identity protection platform for governments and enterprises. Investors in this round of financing include Bosch Ventures (lead investor), BMW i Ventures, MassMutual Ventures and Sentinel Global. New investors completed this minority equity investment together with Westly Group and some existing investors.
According to reports, VIA's decentralized identity management combined with end-to-end quantum-resistant encryption technology can ensure access and privacy of authorized parties while achieving enterprise-level auditability and control. VIA claims that its decentralized, zero-trust architecture "has been rigorously tested by the U.S. Department of Defense."