AppOmni Raises $40M in Series B Funding

appomni

AppOmni, a San Francisco, CA-based provider of SaaS Security Management solutions, raised $40M in Series B funding.

The round, which brought total funding to date to more than $53m, was led by Scale Venture Partners with participation from Salesforce Ventures and ServiceNow Ventures and existing investors ClearSky, Costanoa Ventures, Inner Loop Capital and Silicon Valley Data Capital.

The company intends to use the funds to accelerate product development.

Led by Brendan O’Connor, CEO, AppOmni provides SaaS Security Management solutions, which enable organizations to secure mission-critical and sensitive data. Its patent-pending technology deeply scans APIs, security controls, and configuration settings to evaluate the current state of SaaS deployments and compare against best practices and business intent. With AppOmni, organizations can establish rules for data access, data sharing, and third-party applications that will be continuously and automatically validated.

The company’s customer base includes global leaders across technology, healthcare, banking, finance, and cybersecurity. In the past year, AppOmni has also created new and expanded partnerships with implementation providers worldwide, including Accenture, PwC, 4C/Wipro, Optiv, Activereach, Guidepoint Security, and NCC group.

FinSMEs

21/04/2021