Virtru, a data security company, has successfully raised $50 million in its Series D funding round, led by Iconiq Capital. Other participants in the round include Bessemer Venture Partners, Foundry, and The Chertoff Group. This latest funding round values the company at $500 million, doubling its previous valuation., Howard said its newest funding round - the money is from investors at Iconiq - will capitalize on Virtru's existing market traction around email, file sharing, SaaS applications and give the , Virtru, a Washington, D.C.-based data security company that developed technology now used by U.S. defense and intelligence agencies, has raised $50 million in funding as organizations seek new ways to protect sensitive information in an era of artificial intelligence adoption. The Series D round, led by investment firm ICONIQ with participation from Bessemer Venture Partners, Foundry, and The , Virtru secures $50M Series D funding, led by Iconiq Capital. The D.C. cybersecurity firm shifts focus to federal clients, valuing at $500M., Virtru, a data security platform that enables encryption and policy enforcement across cloud-native workflows, has closed a $50 million Series D funding round. Led by Iconiq Capital, the investment brings Virtru’s valuation to approximately $500 million and marks a critical milestone as the company responds to growing demand for zero-trust data architectures in both public and private , .