# Venn Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/venn-software-2

- Industry: Software
- Headquarters: New York, US
- Website: www.venn.com
- Total disclosed funding: $29M
- Latest round: Series A (Jun 1, 2019)
- Investors on record: 1

## About

Based in New York, US, and co-founded by David Matalon (CEO) and Alex Osipov (CTO) in 2019, Venn Technology Corporation trading under the name of Venn Software operates as a software-as-a-service (SaaS) company offering a cloud-based platform for remote work. The firm’s product portfolio caters to various industries, including BPOs, financial services, healthcare, legal, technology, and education. Some of its clients include Cambridge, Guardian, Voya Financial, ttec, etc. In June 2019, the firm raised USD 29 million in series A funding led by investor NewSpring Capital.

The company offers secure remote workspace solutions, without the complexities of traditional Virtual Desktop Infrastructure (VDI). Venn utilizes its Bring-Your-Own-PC (BYO-PC) technology which transforms any unmanaged or Bring Your Own Device (BYOD) computer into a secure enclave. The Secure Enclave is a company-controlled installation on users' PCs or Macs, that encrypts all data and manages access, eliminating the need for extensive backend infrastructure. Venn's other solutions include Blue Border™, a patented software-based solution, that acts as a virtual wrapper around work applications, securing them locally and ensuring optimal performance on any PC or Mac.

## Funding rounds

- Series A, Jun 1, 2019, $29M — NewSpring

## Investors

- NewSpring (https://capitalatlas.ai/funds/newspring) — Series A