Venn Software, a NYC-based provider of technology for Secure BYO-PC, raised $29M in Series A funding.
The round was led by NewSpring.
The company intends to use the funds for product development, growth, and customer demand.
Led by Co-Founder and CEO David Matalon, Venn provides purpose-built patented technology for Secure BYO-PC. The company secures remote work on any unmanaged or BYOD computer with a solution than virtual desktops or having to lock down every PC. Similar to an MDM solution but for laptops – work lives in a company-controlled Secure Enclave installed on the user’s PC or Mac, where business activity is isolated and protected from any personal use on the same computer. Over 700 organizations, including Fidelity, Guardian, and Voya, trust Venn to meet FINRA, SEC, NAIC, and SOC 2 standards.
FinSMEs
28/06/2023