Virtru, a data security company serving clients like the U.S. Department of Defense and Salesforce, has secured $50 million in a Series D funding round led by Iconiq Capital. The funding values the company at $500 million. Virtru, co-founded by John Ackerly, aims to provide enhanced data protection solutions for businesses and government organizations. Ackerly's experience in the Bush Administration influenced his focus on data security. The new capital will likely be used to further develop Virtru's technology and expand its market reach in the competitive data security landscape.