Velotix, a Provider of an AI enhanced Data Security Platform, Receives Investment from Barclays Bank, Capri Ventures

Velotix, a provider of an AI-driven Data Security Platform (DSP), announces a significant investment from Barclays Bank and Capri Ventures.

This investment solidifies Velotix’s position as the choice for financial institutions seeking advanced data security solutions.

It underscores Velotix’s innovative “approach to securing structured and unstructured data access and highlights a growing recognition as a transformative force within the data security landscape.”

With this investment Velotix plans to further improve automated policy management and enhance secure data access “at scale, setting new standards for innovation, privacy compliance, and data integrity.”

Dr. Adi Hod, Co-Founder, and CEO of Velotix commented on the collaboration, stating:

“This investment marks a pivotal moment for Velotix, validating our commitment to delivering a cutting-edge data security solution powered by AI. This investment from Barclays, a global leader in finance, reinforces our continued leadership and innovative approach in the industry”.

Kester Keating, Head of US Principal Investments at Barclays, shared his perspective on the investment, stating:

“As an alumni of the bank’s Rise Growth Academy, Barclays is pleased to support Velotix in its mission to revolutionize data security. We believe that together, we can create significant value and drive innovation in the financial services sector.”

Alex Pinchev, Capri Ventures Founder shared:

“Velotix’s commitment to revolutionizing data security through advanced AI-driven solutions is truly impressive. We believe that their innovative approach not only addresses current data security challenges but also sets new standards for the industry. Capri Ventures is excited to be part of Velotix’s journey and contribute to their continued success in reshaping the data security landscape.”

Velotix cements its premier status “in data security, rapidly expanding as a leading company with its AI-driven platform.”

The company remains dedicated “to pushing the boundaries of data security, specifically automating policy enforcement, and providing context-based access to data through advanced AI algorithms.”

The investment further solidifies its position as the choice for forward-thinking financial institutions worldwide.

In today’s rapidly evolving landscape of privacy policies, regulations, and rules, the looming threat of regulatory violation poses a significant barrier to business agility. Velotix introduces a revolutionary AI-driven data security platform “that not only mitigates risk but also streamlines policy management at scale, empowering organizations to navigate the complexities of data governance confidently.”

Velotix facilitates self-service data access “while automating policy creation and enforcement with prompt time and context-based access control.”

The platform ensures that the right data is “accessed by the right data stakeholders precisely when needed, aligning seamlessly with business imperatives on an enterprise scale.”

Velotix was founded in 2020 “by Dr. Adi Hod and Uriel Ekstein.”

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