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Virtru Secures $50 Million in New Funding to Accelerate the Future of Data-Centric Security for the AI Era

WASHINGTON, July 11, 2025 (GLOBE NEWSWIRE) -- Virtru, the leader in data-centric security and the inventor of the open standard Trusted Data Format (TDF), today announced $50 million in new funding led by ICONIQ, with participation from Bessemer Venture Partners, Foundry, and The Chertoff Group. The round doubles Virtru's valuation to $500 million and signals the next phase of growth for the company, as it becomes the standard bearer for mission-critical data protection in the age of AI.

A Proven Standard for Securing the World's Most Sensitive DataThe investment comes amid significant momentum, driven by rising demand for data security solutions built upon TDF. The TDF open standard was invented by Co-Founder Will Ackerly during his tenure at the National Security Agency, and it has been adopted as the data protection standard for national defense and intelligence missions across the United States and allied partners globally, cementing Virtru's role as a leader in data security.

Trusted by over 6,000 organizations across the public and private sectors—including JPMorganChase, Equifax, Capital One, Salesforce, and the U.S. Department of Defense—Virtru's Data Security Platform has created a new paradigm in data-centric security, where protection travels with the data itself rather than relying on traditional perimeter defenses. As AI reshapes workflows and expands the boundaries ...