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BMW I Ventures Invests In VIA Science To Enhance Enterprise Data Protection With Web3 Solutions
BMW i Ventures has announced its investment in Via Science, Inc. (VIA), a prominent provider of Web3 data protection solutions. This investment is part of a $28 million Series B funding round aimed at enhancing VIA's mission to transform data security. The company ensures that transactions are verified, protected, and auditable regardless of data location.
Traditional cybersecurity firms often focus on network segmentation and passwords, which can leave vulnerabilities in data access and trust mechanisms. VIA takes a different approach by integrating zero trust principles directly into the data layer. This empowers businesses with robust, mission-specific security solutions that can be easily deployed across existing infrastructures.
Kasper Sage, managing partner of BMW i Ventures, emphasized the importance of securing data flows as software-defined vehicles and edge devices become more common. "VIA is paving the way for real-time communication across trusted systems and safer, more resilient mobility solutions," he stated.
VIA's decentralized architecture separates data protection from storage and transport. This ensures just-in-time access and privacy for authorized users while addressing enterprise security vulnerabilities. The company's technology allows for secure data transfers between systems of record, internal teams, external partners, machines, and AI agents.
Colin Gounden, co-founder and CEO of VIA, highlighted the effectiveness of their decentralized Web3 solutions. "As we have proven at our customers, decentralized, passwordless Web3 solutions have become the only viable option for securing data transfers," he said. The new funding will help accelerate the adoption of their innovative technology platform by enterprises.
Kate Ravanis, chief operating officer and co-founder of VIA, added that their quantum-secure solutions are unique among Web3 technologies. "Unlike any other Web3 technologies, our quantum-secure, passwordless solutions can be deployed quickly and easily in a variety of the most demanding environments," she explained.
About BMW i Ventures
BMW i Ventures operates as an independent venture capital firm under BMW Group. With offices in Silicon Valley and Munich, they invest in early to growth-stage companies shaping the future of automotive technology and sustainability. Since 2011, they have managed $800 million in investments across over 75 startups.
About VIA Science
VIA leads in decentralized enterprise-scale data protection. Trusted by entities like the U.S. Department of Defense and Fortune 100 companies globally, VIA offers top-tier security technologies to protect critical assets. Their platform is backed by 17 patents and is quantum-resistant and passwordless.
This strategic investment by BMW i Ventures aims to support VIA's efforts in providing advanced security solutions that meet modern challenges effectively.
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