<ul data-eligibleForWebStory="false"><li>Data security startup Virtru has raised $50 million in Series D funding led by Iconiq, with participation from Bessemer Venture Partners, Foundry, and The Chertoff Group.</li><li>Virtru commercialized an open-source file format called TDF that allows secure sharing of sensitive data among organizations.</li><li>The company offers a cloud platform using TDF to encrypt files, regulate data sharing, set access controls like expiration dates and watermarks, and integrate with Google Workspace and Microsoft 365.</li><li>Virtru's cybersecurity technology is adopted by over 6,700 organizations, including well-known enterprises and government agencies, aiming to expand its product development to protect AI and analytics workloads.</li></ul>

Data security startup Virtru raises $50M in funding

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