Veradocs lands $14 million to secure files in the cloud

Gigaom

Stealth-security startup Veradocs plans to announce Tuesday that it took in $14 million in two funding rounds, one of which includes a seed round when the company formed in January 2014. The startup wants to build out sales and marketing and expand its engineering team, said Veradocs co-founder and CEO Ajay Arora.

Veradocs’s security system is aimed at enterprises concerned that employees may be sneaking off with important documents or that sensitive information may somehow leave the company thanks to the cloud.

The Mountain View-based startup essentially provides access management for documents so that only the right employees will be able to access the right items. IT administrators can set up security policy from a web-based console that ensures that if a file leaves the company’s system, the security policy “follows the documents wherever they go,” said Arora. The service can also integrate with Active Directory so a company’s access…

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