Encryption startup, Vera, has welcomed Veritas Software founder, chairman and former chief executive, Mark Leslie, to its board of directors.
In this role, Leslie will help guide the company’s mission to become the trusted standard for securing and shaping all forms of business information.
Leslie has been involved in technology in Silicon Valley for more than 30 years as the former chief executive of three startups, including Veritas.
“Protecting information and highly sensitive data is a 'must have', not a 'nice to have', for businesses today. Other security startups have made similar pitches, but there was something profoundly different about Vera,” he said.
“Vera is leading a new class of security startups working globally to secure data in a completely new way, but what I was most impressed by was the calibre of customers and the rapid adoption of Vera’s technology. These are the early market indicators that signal strong potential for success.”
The company also recently cemented a strategic investment from Capital One Growth Ventures to its oversubscribed series B funding round, bringing its total capital raised to $35 million.
Capital One Growth Ventures principal, Adam Boutin, said its their goal to help innovative startups gain traction and evolve their business ideas.
“With data breaches at an all-time high, the concept that security must be embedded directly into the entire enterprise software, hardware and data stack, holds true more than ever. What’s most exciting about working with the Vera team is that they’re helping enterprises solve a massive security challenge. That is, securing and sharing information, at a global scale,” he said.