Veza Raises $108 Million in Series D

by Kay Aloha Villamor in May 5th, 2025

Veza, a Los Gatos, CA-based identity security company, has raised $108 million in Series D funding at an $808 million valuation. 

Investors

The round was led by New Enterprise Associates (NEA), with strong participation from Atlassian Ventures, Workday Ventures, and Snowflake Ventures. All existing investors joined the round, including Accel, GV, True Ventures, Norwest, Ballistic Ventures, J.P. Morgan, and Blackstone Innovations Investments, bringing Veza’s total equity raised to $235 million. 

New Enterprise Associates (NEA) is a global venture capital firm founded in 1977, managing over $25 billion in assets. NEA invests in technology and healthcare companies across all stages—from seed to IPO—and has backed over 280 IPOs and more than 465 mergers and acquisitions. 

Veza Use of Funds 

The company will use the funding to accelerate its global go-to-market (GTM) strategy and continue advancing its unified identity security platform. 

About Veza 

Founded in 2020, Veza provides a unified platform to help modern enterprises secure access to data, systems, and applications across cloud, SaaS, and on-premises environments. Its platform supports multiple use cases, including Identity Governance and Administration (IGA), Privileged Access Management (PAM), and Cloud Infrastructure Entitlement Management (CIEM). Veza’s solutions focus on delivering visibility, intelligence, and control over user, machine, and third-party access. Headquartered in Los Gatos, California, the company serves Fortune 500 and Global 2000 organizations like Blackstone, Workday, Snowflake, and Sallie Mae. 

Funding Details 

Company: Veza 

Raised: $108.0M 

Round: Series D 

Funding Date: April 2025 

Lead Investor: New Enterprise Associates (NEA) 

Additional Investors: Atlassian Ventures, Workday Ventures, Snowflake Ventures, Accel, GV, True Ventures, Norwest, Ballistic Ventures, J.P. Morgan, Blackstone Innovations Investments 

Company Website: https://veza.com/ 

Software Category: Identity Security / Cybersecurity 

Source: https://www.businesswire.com/news/home/20250428090240/en/ 

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