Decentralized data security company Via Science has completed a $28 million Series B funding round, with Bosch Ventures leading the investment.

BlockBeats News, March 19th, according to Citybiz, decentralized data security company Via Science has completed a $28 million Series B financing round, led by Bosch Ventures, with participation from BMW i Ventures, MassMutual Ventures, and Sentinel Global.

This funding will be used to accelerate the development of its highly secure, easy-to-implement data and identity protection platform. Via Science's technology features decentralized identity management, end-to-end quantum-resistant encryption, and passwordless solutions, effectively addressing traditional cybersecurity challenges such as social engineering attacks and administrator attacks. Colin Gounden, Co-founder and CEO of Via Science, stated that the company's platform is the world's first military-grade Web3 data protection platform. As software-defined vehicles, robots, and edge devices become the norm, securing the flow of data becomes particularly crucial.