[ad_1]
Very Good Safety (VGS) has received a model new boss. The information safety and compliance platform has appointed Chuck Yu as its Chief Govt Officer.
Vertex Ventures U.S. Common Accomplice Jonathan Heiliger, whose agency is a serious investor in VGS, praised Yu’s expertise in monetary companies. “His deep ties within the fintech and funds area will assist advance VGS’ business management place as the corporate appears to assist its purchasers safe important information and streamline compliance in additional highly effective and progressive methods,” Heiliger stated. He referred to as Yu “a transformational power.”
Yu’s background contains govt management roles at Visa, Level Digital Finance, and TrialPay, the place he was Chief Income Officer. TrialPay was acquired by Visa in 2015. Whereas at Visa, Yu led groups in enterprise growth, gross sales, finance, and operations. He additionally helped construct strategic partnerships as the pinnacle of enterprise growth for Visa’s World Fintech crew.
In a press release, Yu underscored VGS’s purpose of being a strong steward “of the world’s delicate information.” He added, “I’m wanting to work carefully with our gifted crew to forge new strategic partnerships with business leaders, and deeper relationships with the highest manufacturers which have chosen to belief us with their important monetary information.”
In its Finovate debut final spring, VGS demonstrated its VGS Zero Information Platform. The know-how collects delicate information from finish customers and conducts operations on the information – together with exchanging it with third events. The platform accomplishes this with out permitting the unique information to come back involved along with your community. This permits firms to extract enterprise worth from delicate information with out touching it. As such, by enabling companies to “offload” their information safety burdens, Very Good Safety permits these firms to give attention to delivering progressive options to their clients.
Very Good Safety has raised greater than $104 million in funding. The agency’s buyers embody Vertex Ventures, Visa Ventures, Andreessen Horowitz, and Goldman Sachs Service provider Banking Division. Headquartered in San Francisco, California, VGS was based in 2015.
Associated
[ad_2]
Source link