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Veza

Veza

Cloud-based identity access management platform

About

Veza provides a cloud-based platform focused on identity access management (IAM) for organizations. Its main product, the Veza Access Control Platform, offers a detailed view of who has access to various resources within a company, enabling real-time monitoring of access levels and potential identity threats. The platform is particularly useful for large enterprises with complex cloud environments, as it integrates with all enterprise systems to give a comprehensive overview of access permissions. This is facilitated by an Authorization Graph that organizes authorization data for real-time analysis. Veza operates on a subscription model, allowing clients to pay a recurring fee for the service, which can scale with their needs. Additionally, the platform automates access reviews and manages the identity lifecycle, reducing administrative tasks and downtime. Veza's credibility is highlighted by its partnership with Blackstone, showcasing its strong presence in the market.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$125M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Veza's selection by Digital River to replace a legacy IGA solution underscores its capability to modernize identity security infrastructure.
  • The appointment of Mike Towers as Chief Security & Trust Officer brings seasoned leadership and expertise in digital trust and cybersecurity.
  • Strategic integrations with platforms like Google Drive and CrowdStrike enhance Veza's ability to secure enterprise data and combat identity breaches.

What critics are saying

  • The competitive IAM market requires Veza to continuously innovate to maintain its edge over established players.
  • Dependence on subscription-based revenue means that customer retention is critical for financial stability.

What makes Veza unique

  • Veza's innovative Authorization Graph provides real-time analytics on access permissions, setting it apart from traditional IAM solutions.
  • The platform's seamless integration with over 200 enterprise systems, including custom and on-premises apps, offers unparalleled coverage and flexibility.
  • Veza's focus on automating the entire identity lifecycle, from provisioning to deprovisioning, reduces administrative overhead and enhances security.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

5%

2 year growth

87%

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