New York, New York - Venn Software, a leading software development company, is thrilled to announce the successful completion of its Series A funding round, raising an impressive $29,000,000. The funding round was led by NewSpring, a prominent investor in the technology sector.

Founded by David Matalon, Venn Software is headquartered in the bustling city of New York. The company is driven by its Work + Life Purpose, which is to help individuals thrive and be at their best every day. Venn is committed to fostering a more human approach to work and life, supporting the pursuit of passion, potential, control, and contentment.

Venn specializes in providing technologically advanced solutions for Secure Bring Your Own Personal Computer (BYO-PC) environments. The company's groundbreaking technology offers a secure and cost-effective alternative to virtual desktops and the need to lock down every PC. Venn's solution operates similarly to a Mobile Device Management (MDM) system but is specifically designed for laptops. By creating a company-controlled secure enclave installed on the user's PC or Mac, Venn ensures that all work conducted on unmanaged or BYOD computers is safeguarded. The enclave encrypts all data and manages access, while work applications run locally within the enclave, visually indicated by the recognizable Blue Border™. This ensures that business activity is isolated and protected from personal use on the same computer, securing company data without requiring complete control of the entire device. VDI (Virtual Desktop Infrastructure) complexities, costs, and performance issues are effectively eliminated through Venn's innovative solution.

David Matalon, Founder of Venn Software, expressed his gratitude to NewSpring and all investors for their trust and support. He said, "This funding marks a significant milestone for Venn Software. We are thrilled to partner with NewSpring and share a common vision for the future of work. With their backing, we will continue to push the boundaries of Secure BYO-PC technology and empower individuals to thrive in their personal and professional lives."