Onapsis Inc., a Cambridge, Massachusetts-based provider of solutions to audit and mitigate cyber security threats targeting business-critical applications, raised $9.58m in funding.
The round was led by .406 Ventures with participation from Endeavor Catalyst and existing investors. In conjunction with the funding, Maria Cirino, Partner at .406 Ventures, will be joining Onapsis’ Board.
The company intends to use the funds to enhance its research and engineering teams and product offerings, and expand its global sales operations.
Led by Mariano Nunez, CEO and Co-Founder, Onapsis protects business-critical applications that manage highly-sensitive business information and processes including Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and Business Intelligence (BI). More than 100 global brands and nationally-recognized government organizations that run mission-critical software, such as SAP and Oracle platforms, use its expertise and security solutions.