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Visa invests an undisclosed sum in Very Good Security (VGS)

San Francisco based data security provider received an undisclosed investment from Visa. This round follows a $35m Series B led by Goldman Sachs in October last year.

"This investment from Visa further signals a shift around how companies think about protecting sensitive data," said Mahmoud Abdelkader, CEO and co-founder of VGS. "We’re excited to continue de-scoping customers’ applications from ever having to handle sensitive data, enabling them to go to market faster and making it easier to partner with large financial institutions."

Tags

financing, visa, data