Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Data Governance Startup Okera Raises $15 Million in Series B Funding

Data access and governance provider Okera this week announced the closing of a $15 million Series B funding round that brings the total raised by the company to $29.6 million. 

Data access and governance provider Okera this week announced the closing of a $15 million Series B funding round that brings the total raised by the company to $29.6 million. 

The San Francisco-based company plans on using the newly raised capital to expand its investment in engineering, sales, and marketing.

Okera’s Active Data Access Platform (ODAP) helps companies comply with regulations and better secure their data access in multi-cloud and hybrid cloud environments. 

Okera LogoAdditionally, the company announced that Nick Halsey, who recently served as President and CEO of Zoomdata, has joined Okera as CEO and board member. 

The Series B round was led by ClearSky Security, and also saw participation from existing investors Bessemer Venture Partners and Felicis Ventures.

Okera named Timothy Eades (vArmour CEO and an early investor) as Executive Chairman, and announced that Patrick Heim (Partner and CISO at ClearSky) has joined the Okera board.

“It’s never been more important than today to secure data access, especially in the current climate with more employees working remotely than ever before,” said Halsey. “There’s an infinite market opportunity for us and I’m looking forward to working with Nong [Okera Co-Founder and CTO] and the exceptionally talented team at Okera.”

Advertisement. Scroll to continue reading.
Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

People on the Move

Joe Chen has become Chief Technology Officer at Trellix.

Usercentrics has named Pawan Hegde as COO and Elena Ignatova as CPTO.

SecureAuth has named Mark van Oppen as Chief Revenue Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.