BMW i Ventures has announced a strategic investment in Vera, a company developing innovative data-centric security technology for business of all sizes.
Since the company’s founding, Vera has helped some of the world’s leading companies protect their most critical data, without sacrificing visibility and control. Over the past year, Vera has been focused on scaling its data security platform to protect both email and enterprise content with dynamic encryption and granular control.
The company recently introduced its Vera for Mail offering and browser-based editing capabilities, enhancing users’ ability to access and collaboratre on secure files across devices and operations systems. The new capital will help broadly to fuel Vera’s next phase of growth and scale its workforce globally.
“From documents to CAD files, photos to emails, data moves more freely than ever, and Vera’s leading technology allows people and organizations to share all kinds of information, safely,” said Zach Barasz, Partner at BMW i Ventures. “We believe that Vera is at an important inflection point in its growth curve and with the recent appointment of Carlos Delatorre as CEO, we’re excited to join the journey.”
Through its previous investments in the fields of e-mobility, navigation, parking, car sharing and intermodality, BMW i Ventures has already entered into strategic partnerships with innovative providers such as Scoop, Zirx, RiceCell, Chargepoint, Life360, Moovit, JustPark, DSP Concepts, Chargemaster, Zendrive, Rever Moto, STRIVR, Desktop Metal, BUS.com, Proterra, Xometry, Caroobi, GaN Systems, Shift, May Mobility, Blackmore Sensors and Analytics and Mapillary.
