Odaseva: Leading the Charge in Enterprise Data Security

July 2, 2024, 9:35 pm
Silver Lake
ServiceFinTechSoftwarePlatformTechnologyManagementDataBusinessProductHealthTech
Employees: 51-200
Odaseva
Odaseva
AdTechCloudDataEnterpriseGrowthIndustryITManagementPlatformTools
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 2012
Total raised: $90.7M
Odaseva, a San Francisco-based provider of an enterprise data security platform for Salesforce, recently secured $54 million in Series C funding, bringing their total funding to over $90 million. The funding round was led by Silver Lake Waterman, with participation from existing investors F-Prime, Eight Roads, and Serena Capital, as well as new investors Eurazeo and Crescent Cove. This influx of capital will support Odaseva's continued growth and expansion into new markets, with a focus on enhancing their data security and Zero Trust product offerings.

Odaseva's platform is designed to safeguard the confidentiality and integrity of critical business information for enterprises running on Salesforce. Global Fortune 500 companies rely on Odaseva's enterprise data security platform to defend against threats to Salesforce data, ensure business continuity, and comply with regulations. The company's commitment to data security goes above and beyond the requirements of even the most complex, highly regulated businesses.

With the recent additions of key executives, including Chief Financial & Operating Officer Steven Corbin, Chief Revenue Officer Matthew Johnston, and Chief People Officer Susan Lansing, Odaseva is poised for further growth and innovation. The company's focus on product development and expanding their global reach will solidify their position as a leader in the enterprise data security space.

Odaseva's platform offers end-to-end encryption for Salesforce data, optimizing availability and delivering industry-leading Recovery Point and Time Objectives. In addition to data security features, Odaseva provides tools for data management tasks such as backup and restore, data archiving, and data movement to analytics applications. These capabilities help enterprises manage their Salesforce data effectively and ensure compliance with regulatory standards.

The Series C funding round will enable Odaseva to accelerate their product development efforts and deepen their presence in key markets such as North America, Europe, and Asia Pacific. By hiring top talent at the executive level and continuing to innovate in the data security space, Odaseva is well-positioned to maintain their category leadership and drive further growth in the coming years.