VIA, a Decentralized Data and Identity Protection Platform, Raises $28M Series B

March 18, 2025

VIA, a company specializing in decentralized data and identity protection, has secured $28 million in Series B funding. The investment round was led by Bosch Ventures, with participation from BMW i Ventures, MassMutual Ventures, and Sentinel Global. Existing investor Westly Group also joined the round. The funding aims to accelerate the adoption of VIA’s quantum-resistant, passwordless security solutions, which are designed for governments and enterprises. The platform, tested by the U.S. Department of Defense, focuses on securing data across internal systems, external partners, IoT devices, and AI agents.

VIA's technology provides enterprises with decentralized identity management and quantum-resistant encryption, addressing vulnerabilities associated with traditional network security. With cloud applications expanding, conventional security methods are increasingly susceptible to large-scale breaches. VIA's zero-trust architecture offers an alternative, ensuring controlled and auditable access. The company plans to scale its platform to meet growing enterprise demand for enhanced cybersecurity.

The firm’s approach has gained traction in industries undergoing digital transformation, including automotive and manufacturing. Bosch Ventures highlighted VIA’s potential impact on supply chain security, while BMW i Ventures emphasized the need for secure data flows in connected systems. MassMutual Ventures, with expertise in financial and infrastructure sectors, pointed to VIA’s interoperability across software and hardware. The funding will support the company’s expansion into new enterprise markets.

About VIA

VIA develops decentralized security solutions for data and identity protection. The company’s platform, tested by the U.S. Department of Defense, provides quantum-resistant, passwordless security for enterprises. VIA holds 18 issued patents and works with Fortune 100 companies to safeguard critical data.

Website: https://www.solvewithvia.com/

X: @solvewithvia

About Investors

BMW i Ventures

BMW i Ventures, the venture capital division of BMW Group, invests in early to growth-stage companies focused on automotive innovation, sustainability, manufacturing, and supply chain solutions. The firm manages $800 million and has backed over 75 startups.

Location: Mountain View, California

Website: https://www.bmwiventures.com/

MassMutual Ventures

MassMutual Ventures is a global venture capital firm investing in fintech, enterprise SaaS, healthtech, climate technology, and cybersecurity, managing over $1 billion in capital.

Location: London, Singapore, and Boston

Website: https://www.massmutualventures.com/

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