VIA Secures $28M from Global Enterprises to Scale Its Decentralized Data and Identity Protection Platform Amid Surging Demand 17 Mar 9:00 PM (last month)
VIA to expand proven quantum-resistant, passwordless technologies in defense and enterprise sectors
SOMERVILLE, Mass., March 18, 2025 – Via Science, Inc. (VIA), has raised a $28 million Series B investment to accelerate its high-security, easy-to-implement data and identity protection platform for governments and enterprises. Organizations concerned about data moving across network boundaries, insider threats, and quantum-resistance, benefit from VIA’s decentralized, zero trust architecture, rigorously tested by the U.S. Department of Defense.
VIA restricted this highly oversubscribed round to the most experienced and commercially relevant new investors, including Bosch Ventures (lead), BMW i Ventures, MassMutual Ventures, and Sentinel Global. The new investors joined Westly Group and select existing investors to make up the minority investment.
“Cyber experts at the U.S. Department of Defense and global enterprises have recognized that decentralized, passwordless, quantum-resistant solutions have become the only viable option to secure data transfers between systems of record, internal teams, external partners, IoT devices, and AI agents. This funding will accelerate adoption of the world’s first military-grade Web3 data protection platform by large enterprise customers,” said Colin Gounden, co-founder and CEO of VIA.
As widely reported by the NSA and others, enterprise security remains highly vulnerable to massive breaches as cloud applications and perimeter-based defenses expose thousands of systems at once. VIA’s decentralized identity management, combined with end-to-end quantum-resistant encryption, ensures access and privacy for authorized parties, with enterprise-scale, auditability, and control.
“As the number one supplier across automotive and many industrial sectors, we’re deeply familiar with the digital transformation taking place across supply chains. Our team was extraordinarily impressed with the phenomenal traction VIA is gaining across multiple sectors, and we see huge applications for their technology in the enterprise,” said Adam Jackson, Bosch Ventures partner, who led the funding.
Today’s cybersecurity incumbents focus primarily on network boundaries and passwords, leaving major vulnerabilities such as social engineering and administrator attacks unaddressed. VIA’s approach is fundamentally different. VIA’s natively decentralized, zero trust architecture empowers enterprises to safeguard their most critical assets in an easy-to-deploy, easy-to-maintain, and easy-to use platform.
“Unlike any other Web3 technologies, our quantum-secure, passwordless solutions can be deployed quickly in a variety of the most demanding environments and our entire software stack is checked 24/7 for vulnerabilities,” added chief operating officer and co-founder Kate Ravanis. “The level of data and identity protection required from our work in demanding environments at the DoD will help set a new standard in the civilian agency and enterprise market” continued Ravanis.
Kasper Sage, managing partner of BMW i Ventures added, “As software-defined vehicles, robots, and edge devices become the norm, securing data flows between sensors, onboard systems, agents, and external networks is more critical than ever. VIA is paving the way for real-time communication across trusted systems and safer, more resilient mobility solutions.”
Charles Svirk, Partner at MassMutual Ventures stated, “We have extensive knowledge of sensitive, regulated data and have been long-time investors in enterprise infrastructure, fintech, and security software. VIA’s solutions stand out with their decentralized Web3, quantum-resistant architecture by powering seamless interoperability across software connections and hardware endpoints. We look forward to supporting VIA’s enterprise growth through MassMutual’s connections in the energy, real estate and infrastructure sectors.”
—
About VIA
VIA is the leader in decentralized, enterprise-scale data and identity protection. The U.S. Department of Defense and Fortune 100 companies worldwide trust VIA to provide the highest security technologies to safeguard their most critical assets. Backed by 18 issued patents, VIA’s data-centric platform is quantum-resistant, passwordless, and easy to implement, maintain, and use. Learn more at www.solvewithvia.com.
About Bosch Ventures
Robert Bosch Venture Capital GmbH (Bosch Ventures) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. Bosch Ventures invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, climate technologies, enabling technologies, and healthcare systems. Bosch Ventures also invests in services and business models that are relevant to the above-mentioned areas of business. Furthermore, Bosch Ventures enables co-innovation between Bosch and startups through the Open Bosch Program. Additional information is available online at: www.bosch.ventures.
About BMW i Ventures
BMW i Ventures is the independent venture capital firm of BMW Group. From offices in Silicon Valley and Munich, BMW i Ventures invests in early to growth-stage companies defining the future of automotive, sustainability, manufacturing, and supply chain. Since starting in 2011, the firm has $800M under management and has invested in over 75 startups, including Bcomp, Boston Metal, CelLink, ChargePoint, GaN Systems, Motorway, Tekion, and Xometry. For more information: https://www.bmwiventures.com.
About MassMutual Ventures
MassMutual Ventures (MMV) is a multistage global venture capital firm investing in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. With teams based in London, Singapore, and Boston, MMV manages over $1 billion in investment capital across the globe. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.
Contact for Media Inquiries
Jackie Finn, VIA
The post VIA Secures $28M from Global Enterprises to Scale Its Decentralized Data and Identity Protection Platform Amid Surging Demand appeared first on VIA.
Alpine Tech Forum – Davos 25 selects VIA’s CEO Colin Gounden for keynote presentation 20 Jan 6:00 PM (2 months ago)
Alpine Tech Forum has selected VIA’s CEO, Colin Gounden, to give the keynote presentation during the action-packed event on January 21, 2025 in Davos, Switzerland. The presentation is happening alongside the acclaimed World Economic Forum event which brings together leaders from around the globe to “improve the state of the world.”
The keynote presentation, “Defense First: Digital Security, Resiliency, Usability,” will cover the critical needs of the defense sector and how companies like VIA can address them using a Web3, decentralized approach.
Following the keynote presentation, Colin will moderate a panel featuring the U.S. Navy CTO, Justin Fanelli, on innovation in the Armed Forces sector. That evening, VIA is hosting an exclusive, invite-only dinner with leadership from defense, Web3, and AI organizations across Switzerland and Europe. Visit the event page to register today!
Make sure to follow VIA on LinkedIn and X for a special announcement live from Davos!
The post Alpine Tech Forum – Davos 25 selects VIA’s CEO Colin Gounden for keynote presentation appeared first on VIA.
Alpine Tech Forum – Davos 25 invites VIA’s CEO Colin Gounden to moderate panel in Davos, “Rapid Innovation in Defense, The Armed Forces View” featuring U.S. Navy CTO 19 Jan 4:43 PM (2 months ago)
Davos is THE place to be in January 
VIA’s CEO, Colin Gounden, has been invited by HomeofBlockchain.swiss to moderate the panel, “Rapid Innovation in Defense, The Armed Forces View,” at the Alpine Tech Forum – Davos 25 on January 21, 2025. The panel, featuring U.S. Navy CTO, Justin Fanelli, Arun Gupta of NobleReach, and Lars Minth from Swiss Armed Forces, will cover innovation and procurement in defense, collaboration between startups and government, and scaling defense technologies across borders. If you plan to be in Davos, make sure to register for the panel on the event page. This is a must-attend event!
Following the panel, VIA is hosting an exclusive, invite-only dinner with leadership from defense, Web3, and AI organizations across Switzerland and Europe. Make sure to follow VIA on LinkedIn and X for a special announcement live from Davos!
The post Alpine Tech Forum – Davos 25 invites VIA’s CEO Colin Gounden to moderate panel in Davos, “Rapid Innovation in Defense, The Armed Forces View” featuring U.S. Navy CTO appeared first on VIA.
Level Up, Scale Up, Power Up!: A tale of continuous improvement and exponential growth 5 Dec 2024 5:00 AM (4 months ago)
“Here is Edward Bear, coming downstairs now, bump, bump, bump, on the back of his head, behind Christopher Robin. It is, as far as he knows, the only way of coming downstairs, but sometimes he feels that there really is another way, if only he could stop bumping for a moment and think of it.”
― A.A. Milne, Winnie-the-Pooh
As a dedicated VIA follower, you know that this quote from Winnie-the-Pooh has been the inspiration and driving force behind our semi-annual company-wide Power Up! meetings. If you are new to our blog, here is a little background.
When you are in the thick of day-to-day work, it can be hard to stop for a moment to consider that there might be a better way to accomplish a goal, project, or task. So, like Winnie-the-Pooh, we aim to stop bumping our heads. Twice a year we gather up the whole team to brainstorm ways to improve and innovate together.
In October, we hosted our largest-ever Power Up! featuring packed offices in Somerville and Montreal and one friendly competition for the most feasible and highest impact project. The theme, “Level Up, Scale Up, Power Up!” sure brought us to the next-level, and we’re here to break it all down for you.
Level Up: Continuous improvement
A month ahead of Power Up!, we asked our VIAneers to submit their ideas for projects that could accelerate and improve every day work. We saw tremendous potential with topics ranging from UX design roadmaps to GitHub Slack Integration to bridging quarterly ambitions and sprint tasks.
The official project selection committee combed through each idea and had the tough job of selecting just eight projects that would present the most feasible and highest impact concept at VIA. Next, the teams self-organized and the games began!
Each team had the opportunity to work closely with expert VIAneer coaches to fine-tune their projects and get ready for the ultimate demo. In front of an impressive line up of external judges, recruited specifically for Power Up! (check them out below!), teams delivered facts, research, and live demos. The judges, each with tremendous experience in startups, supercharged growth, and innovation, reviewed each project and rated them based on the value for VIA, technical readiness, risks and tradeoffs, and presentation skills.
Katie Wildman of PEO Digital
Shaun Chaudhuri, Partner at Westly Group
Kate Ravanis, COO of VIA
The winning team, GitHub Slack Integration, took home the prize of $2,000 USD in cold, hard cash. Their quick-win project aims to integrate GitHub notifications into Slack to streamline the code review process and cut down noise in the process for technical team members.
What did it take to achieve first prize? Let’s hear it directly from the judges:
“The metrics you had were so digestible and attainable. It was great seeing specifically what the developer team could save and how you converted those metrics into saving the equivalent of four people’s time over the course of the year, it was such a tangible way to understand that the automation you are doing actually has an impact. It’s awesome!” – Katie Wildman
“In addition to the metrics, I really liked the roll-out plan, it was quite simple. The fact that you can test within a four hour period, which is such an easy deployment, really stood out to me.” – Shaun Chaudhuri
Potential time savings with the GitHub Slack Integration.
And finally, Kate Ravanis rounding out the feedback with true VIA values vibes:
First place wasn’t the only prize – the second place team, SQL and Data Explainer, received $500 in gift certificates, and the third place team, VIA Style earned a party for their fellow VIAneers.
The dedication we saw to improving processes at VIA was overwhelming. We are proud of each VIAneers contributions and how they live our values each day.
Scale Up: Exponential growth
As we mentioned, this was our largest-ever Power Up!, and when we say VIA has had exponential growth over the last year, we mean it. Our revenues grew 5x in 2023, 2x in 2024, and are on track to double again next year, in 2025. Now, that’s a lot of brain power in our corner and it’s not stopping any time soon!
We attribute this growth to our people and special programs like Power Up! By taking the time to solve things more efficiently, smarter, collaborative, and innovative, each individual propels VIA in the direction of massive growth.
Power Up!: Join our team and follow along
If you are an individual who leads discussions with curiosity, values diverse perspectives, is eager to explore new ideas, and constantly seeks opportunities to grow and develop your skills, contact us! We are always looking for individuals who have what it takes to be a successful VIAneer to join our team.
Follow along on LinkedIn and X for the latest at VIA.
The post Level Up, Scale Up, Power Up!: A tale of continuous improvement and exponential growth appeared first on VIA.
Forbes dives deep into trailblazing relationship between U.S. Navy and VIA 1 Dec 2024 8:00 PM (4 months ago)
Tom Davenport, best-selling author and expert in AI and analytics, wrote a recently published article in Forbes titled, “Speeding Up Digital Acquisition Dramatically At The US Navy” that covered the evolution of procurement cycles at the U.S. Department of Defense. He opens up by explaining that historically this process has taken anywhere from five to fifteen years to complete, which is drastically different from the pace of AI capabilities today (an area the Navy has identified as critical).
The gamechanger?
The Department of the Navy’s Program Executive Office (PEO) Digital simplified how they identify the best internal and external innovations and getting them to the field faster through an Innovation Adoption Kit that includes 15 different “plays,” including structured piloting for speed.
What started as a public RFP with over 100 companies applying in October 2022 turned into VIA being under contract with the Navy in May 2023. As VIA’s CEO, Colin Gounden, referenced in the article, he has been impressed by the major improvements in the speed of the procurement process. Echoing the same sentiment was Justin Fanelli, the Navy’s Chief Technology Officer and Technical Director for PEO Digital:
For the full article, covering more detail on how the Navy is working hard to make the process more efficient and how VIA is making the feedback and implementation loop shorter, visit Forbes’ website.
The post Forbes dives deep into trailblazing relationship between U.S. Navy and VIA appeared first on VIA.
Defense TechConnect selects VIA for poster presentation at upcoming conference in Austin, TX 27 Nov 2024 9:39 PM (4 months ago)
Another trip to Austin, Texas, to discuss cutting-edge solutions for the DoD’s most pressing challenges!
VIA’s Chief Commercial Officer, Joe Babiec, is heading to the Defense TechConnect Innovation Summit & Expo on December 3-5, 2024. VIA was selected for a December 3 poster presentation about SLAM AI, our ultra-secure GenAI architecture for natural language analysis and visualization of sensitive data.
To learn more about the event, attended by top military, industry, and investment leadership dedicated to national security-related innovation and societal advancement, visit the event website and follow us on LinkedIn and X for photos and insights.
The post Defense TechConnect selects VIA for poster presentation at upcoming conference in Austin, TX appeared first on VIA.
VIA’s Chief Commercial Officer, Joe Babiec, invited to attend exclusive two-day symposium, Vertex | Tactical Information and Network 12 Nov 2024 9:06 PM (5 months ago)
The United States Army anticipates it will soon have to manage “unprecedented amounts of data coming from sensors, uncrewed systems and Soldiers.” Based on VIA’s experience, we know these innovations are introducing new data protection challenges that traditional solutions aren’t designed to address.
VIA’s Chief Commercial Officer, Joe Babiec, has been invited to attend the exclusive two-day symposium, Vertex | Tactical Information and Networks, on November 19-20 in Austin, Texas. During the event, attendees will have the opportunity to learn firsthand the Army’s most critical needs through keynote speeches and small group discussions. VIA is honored to be included in the conversation and is eager to showcase VIA’s data protection work with the DoD.
Follow VIA on LinkedIn, X, Instagram, and Threads to hear insights and see pictures from the event!
The post VIA’s Chief Commercial Officer, Joe Babiec, invited to attend exclusive two-day symposium, Vertex | Tactical Information and Network appeared first on VIA.
Switzerland Global Enterprise invites VIA’s CEO to join webinar to share experience with data sovereignty and protection in Switzerland 12 Nov 2024 9:04 PM (5 months ago)
Concerned about data sovereignty? Mark your calendars for Thursday, November 14, 2024 at 8:00 am CET to attend the webinar, “How Switzerland Delivers Data Sovereignty and Security in AI”.
VIA’s CEO Colin Gounden has been selected by Switzerland Global Enterprise to join the webinar, alongside fellow leaders in AI and Web3, to share VIA’s experience protecting data sovereignty. Led by Alexander Brunner, an expert advisor in the Swiss AI and blockchain ecosystem, the webinar will gather insights from participants on opening strategic offices in Switzerland, the relevance of Swiss law and data protection, and security in AI.
Don’t miss your chance to hear the insights firsthand, register for the webinar here.
The post Switzerland Global Enterprise invites VIA’s CEO to join webinar to share experience with data sovereignty and protection in Switzerland appeared first on VIA.
Dean of Global Business at The Fletcher School, Bhaskar Chakravorti, chats with VIA about Digital Inclusion 23 Sep 2024 10:19 PM (6 months ago)
School is back in session. And, it’s pop quiz time!
Did you know?
There are as many smartphones on the planet as there are people. - There are more smartphones than toilets and they are more accessible than clean water.
- This year marks the 50th anniversary of the internet.
Despite the rapid growth in technology, there are still 2.5 billion people without access to the internet and 260 million fewer women have access than men.
Behind the scenes, ready to go live from VIA HQ!
Chatting about digital inclusion, Demi Moore’s Law and what it means to be a Digital Refugee!
These are a few of the gems from our VIA Visionaries interview with Bhaskar Chakravorti, recorded earlier this month. In this episode, we were able to ask Bhaskar about his work in digital inclusion including, why he chose it as his area of research, why digital inclusion matters to communities where food and shelter is scarce, and what businesses and individuals can do to make a difference.
So, what can we do about this?
We need to raise awareness, get more people and organizations on board to help solve these issues, and we need to give the tools and support to the creative individuals with the right digital solutions.
At the end of the interview, Colin asked Bhaskar if he had any words of advice or wisdom for what individuals can do in their lives or careers to improve digital inclusion and make a difference in that area. His response was inspiring (and a bit cheeky):
“My generation has handed their generation quite a mess. A mess in many dimensions. Which is bad news and good news. Bad news is, it’s a mess. Good news is, if you have the tools to clean up the mess, you will be employed forever. My job is to figure out how to give you the tools…
…there is a lot of hope, particularly for digital technologies in playing a very important and powerful role to clean up some part of the mess.”
As our devoted followers know, we are making communities cleaner, safer, and more equitable. Come join us in this effort and spread awareness for digital inclusion. Whether you are an enterprise, government agency, or an inspired individual, message us at info@solvewithvia.com. We are all in this together to make the world a better place.
Be sure to follow along on VIA’s website and social media (LinkedIn, X, Instagram, Threads) for the latest.
Bhaskar Chakravorti is the Dean of Global Business at The Fletcher School at Tufts University – America’s oldest exclusively graduate school of global affairs. He is the founding Executive Director of Fletcher’s Institute for Business in the Global Context and founder and chair of Digital Planet, one of Fletcher’s flagship research programs that studies the impact of technology on lives and livelihoods around the world. Bhaskar is the author of the Amazon best-selling book, “The Slow Pace of Fast Change: Bringing Innovations to Market in a Connected World” (Harvard Business Press) and is the creator of the widely-used Digital Evolution Index. He has been featured in widely-read journals and books including, Harvard Business Review, New York Times, Wall Street Journal, Financial Times, among others.
The post Dean of Global Business at The Fletcher School, Bhaskar Chakravorti, chats with VIA about Digital Inclusion appeared first on VIA.
The Next Generation Internet: Data-Centric Access Control 11 Sep 2024 9:00 PM (7 months ago)
Manipulation, theft, misuse. These kinds of cyberattacks on data significantly impact both decision making and physical capabilities. Maliciously manipulated data examples include altering software and firmware updates, imagery and navigational data, and additive manufacturing (3D printing) files for replacement parts.
The National Security Agency (NSA), among other major entities, has been advocating for cybersecurity measures to augment traditional, network-centric security:
“The increasing complexity of current and emerging cloud, multi-cloud, and hybrid network environments combined with the rapidly escalating and evolving nature of adversary threats has exposed the lack of effectiveness of traditional network cybersecurity defenses. Traditional perimeter-based network defenses with multiple layers of disjointed security technologies have proven themselves to be unable to meet the cybersecurity needs due to the current threat environment.”1
DCAC identifies verification to gain access to downloading secure data
The “internet” is literally about getting data from one network to another “inter” = between, “net” = network. We believe that to address the security issues highlighted by the NSA, the next generation of getting data between users on different networks will be through data-centric security.
What does data-centric security look like? Luckily, VIA is already delivering solutions to this.
VIA’s “Data-Centric Access Control” (DCAC) combines decentralized keys from our existing enterprise wallet, fingerprinting, and manipulation detection using VIAsecurechain.
In short, VIA’s solution has multiple layers of increased protection.
UsersSender and recipient authorization and identity is re-confirmed at the time of data transmission using digitally signed verifiable credentials and verifiable presentations.
Network / EnvironmentAuthorization is required before writing data to the recipient’s storage using a verification proxy.
DataCryptographic hashes of received data are compared to the hashes of data sent.
Visibility / AnalyticsAll sending / receiving data-related transactions are stored in an immutable and auditable blockchain.
Automation and OrchestrationVerification, workflow, credential refresh, triggers and alerts are configurable through software.
VIA’s DCAC solution is hosted entirely on customer premises and / or a customer’s Virtual Private Cloud on both AWS, and Azure.
Does this sound like something your enterprise needs? Drop us a note at info@solvewithvia.com – we’re here to support you.
The post The Next Generation Internet: Data-Centric Access Control appeared first on VIA.