article New York City-based data security company VeriSign has raised $2.8 million in funding led by Andreessen Horowitz.
VeriSIGN, which has a large data security division, was founded in 2006 by three brothers and has since grown into one of the largest data security companies in the world.
The company has an extensive history, having launched in 2012, as a subsidiary of the security firm Symantec, before the firm was acquired by Amazon for $970 million in 2016.
In 2017, VeriSecurity raised $1.6 million in Series A funding led in part by Andreamp, according to the Wall Street Journal.
While VeriLogic’s data security teams are well-known, its data privacy team, which was founded last year, was largely unknown until this summer.
That led to a flurry of news articles and a blog post by VeriCert, the company’s chief privacy officer, saying that VeriSecure’s privacy team is “still young, but has already established itself as a top-tier company, and is making significant progress.”
VeriSecure is a company that does not use the Tor network for its data security and encryption.
That means that, if you log in with a public Tor network IP address, you will not be able to access any data from the company, unless you choose to give the IP address away.
This is in contrast to other major data security vendors that use Tor.
The Verge reported last year that the Tor community is “increasingly worried” about the growing use of Tor by corporate users and developers.
In a blogpost about the round, VerISign said the funding gives it “the opportunity to build a truly next-generation, data-security-focused enterprise, and to continue building out a platform that is the world’s best-prepared data center for cloud, mobile, and other digital workloads.”
VerISign is also launching a cloud platform, Veripart, for its privacy team.