July 2, 2024 at 01:13PM
Odaseva, a leading enterprise data security platform for Salesforce, has secured a $54 million Series C financing, bringing their total funding to over $90 million. The investment will support their growth, data security, and product development. With a growing customer base, including Global Fortune 500 companies, Odaseva remains committed to innovative and secure data solutions.
Meeting Notes Summary:
– Odaseva, a leading enterprise data security platform for Salesforce, announced a $54 million Series C equity financing, with total funding exceeding $90 million.
– Silver Lake Waterman led the round, with existing investors F-Prime, Eight Roads, and Serena Capital, along with new investors Eurazeo and Crescent Cove participating.
– The funding will support further growth, additional investment into data security and Zero Trust product offerings, and expansion into new markets.
– Odaseva is trusted by global Fortune 500 companies, with the platform securing over 100 million users worldwide and offering end-to-end encryption, optimized availability, and industry-leading recovery point and time objectives for Salesforce.
– The funding will also support hiring executive level talent, such as the recent additions of Chief Financial & Operating Officer Steven Corbin, Chief Revenue Officer Matthew Johnston, and Chief People Officer Susan Lansing.
– Odaseva delivers data security solutions specifically designed for large-scale global organizations, providing defense against threats, ensuring business continuity, and regulatory compliance.
For further information about Odaseva and Silver Lake Waterman, visit www.odaseva.com and www.silverlake.com, respectively.