The Westly Group Leads $7M Investment in VIA
VIA, a leader in using artificial intelligence and blockchain to provide security and data analytic solutions for the energy and utility industry, announced that the Westly Group is leading a $7M seed investment in Via Science, Inc. (VIA). The funding will accelerate VIA’s customer acquisition and increase the number of network operators in its Global Data Asset Collaborative™ (GDAC™) program. GDAC™ is the power industry’s first predictive maintenance application combined with a multi-company, privacy protected, distributed database of equipment data.
“The Westly Group has met with over a hundred AI and blockchain companies, and we believe that VIA is the clear leader in the energy sector. VIA has a groundbreaking business model and a unique approach to collaborative analytics. This combination is exactly what the power industry is waiting for,” said Steve Westly, founder and managing partner of the Westly Group.
“Our team at VIA is very excited to have selected the Westly Group as partners. What impressed us most about the Westly Group is the breadth and depth of the relationships they have in the power sector. Their LP base of major global utilities is unparalleled. Membership in our GDAC™ program is already growing. With the support of the Westly Group, adoption by network operators will only increase,” said Colin Gounden, CEO of VIA.
About VIA
Headquartered in Boston, Massachusetts, VIA is a mission-critical software company that enables organizations to share and analyze sensitive, distributed data at speed without compromising security or control. VIA’s decentralized architecture keeps data sovereign, while its agentic AI helps organizations solve critical challenges, and its military-grade security governs access. Designed for simplicity, rapid deployment, and disconnected, contested environments, VIA makes sensitive data usable wherever the mission happens, even offline. The Department of War, federal and state law enforcement, Fortune 50, and critical infrastructure companies around the globe trust VIA to help them solve their toughest analytics and digital security challenges.
About The Westly Group
The Westly Group has successfully raised three venture funds that invest in rapidly growing software, IoT and Big Data companies in the smart energy, mobility and building sectors. The Westly Group has 12 of the world’s larger energy and auto companies as investors and has had four companies go public on NASDAQ including Tesla Motors.
