Veza bags capital from The Syndicate Group for identity security growth


Veza has caught the investment attention of The Syndicate Group, a venture firm renowned for driving revenue growth and spearheading customer acquisition.

This newly infused capital is geared towards fuelling the rapid execution and expansion of Veza’s channel partnership programme. The partnership is timely, capitalising on TSG’s expansive network of elite channel partners and investors.

In the wake of burgeoning initiatives like digital transformation and cloud migration, organisations are grappling with the challenges of increased identity fragmentation. This amplification poses greater risks of identity-related breaches, reinforcing the dire need for advanced identity security measures. Veza positions itself at the forefront, equipping Chief Information Security Officers (CISOs) and Chief Information Officers (CIOs) with state-of-the-art tools. This initiative ensures proactive identity access security, averting potential breaches. Notable Global Fortune 500 firms, including stalwarts like Blackstone and Expedia, confide in Veza for unparalleled identity risk management, securing data access even at intricate levels.

Veza’s comprehensive identity security platform is a testament to innovation. It offers an exhaustive overview, encompassing a plethora of enterprise resources. From identity and data systems to cloud services and bespoke applications, Veza’s Authorization Graph is an epitome of modern-day access visibility, intelligence, monitoring, reviews, certifications, provisioning, and requests.

TSG, with its rich legacy of backing groundbreaking, trailblazing ventures, is all set to be Veza’s strategic lighthouse. By offering both strategic and tactical go-to-market advice, TSG aims to magnify Veza’s footprint in the channel community.

The Syndicate Group CEO Chad Cardenas extolled, “We are animated to align with Veza, introducing their revolutionary identity security solutions to our vast channel partner ecosystem. Veza is impeccably poised to navigate the escalating market challenges related to identity and data security. Spearheading a pivotal shift in the identity realm, from authentication to authorization, their avant-garde solutions are set to empower channel businesses and facilitate CXOs in crafting a fortified environment. It’s exhilarating to integrate Veza into our ecosystem and bolster their scalability.”

Adam Couch, Managing Partner of Socium Security, added, “A multitude of organisations are mandated to divulge their cybersecurity and risk management protocols. Veza’s ground-breaking capability is set to revolutionise access governance, resonating with the evolving data and SaaS terrain. We eagerly anticipate partnering with TSG and Veza, heralding this cutting-edge technology.”

Furthermore, TSG’s expansive ecosystem consists of a whopping 450 leading channel partner corporations and a staggering member base exceeding 7,500. Designed to turbocharge Veza’s market initiatives, TSG’s programme ensures Veza maintains its competitive edge. This strategy is twofold, benefiting TSG’s portfolio companies and allowing members to stay ahead of emerging technological trends.

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