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Cybersecurity Funding

Enterprise Technology Management Provider Oomnitza Raises $20 Million

SaaS-based enterprise technology management (ETM) solutions provider Oomnitza this week announced that it has raised $20 million in growth funding. To date, the company has raised $35 million.

SaaS-based enterprise technology management (ETM) solutions provider Oomnitza this week announced that it has raised $20 million in growth funding. To date, the company has raised $35 million.

Founded in 2012, the San Francisco-based company helps organizations manage and secure technology assets across cloud, endpoints, applications, and networks, from a single operating platform.

Oomnitza’s solution offers visibility into user access, device usage, protection status, and whether data is backed up or not. It helps organizations easily identify lost or stolen devices and remove their access to the environment.

The company says it serves more than 150 companies, including technology unicorns and organizations in the Fortune 500 list, in sectors such as automotive, financial services, hospitality, and retail.

The new funding round was led by C5 Capital. New investors Aspenwood Ventures (also known as Hummer Winblad Venture Partners) and Gula Tech Adventures, and existing investors Riverside Acceleration Capital and Shasta Ventures also participated.

“With our new capital partners’ deep experience in technology and security, we are boosting product innovation, market reach and are innovating on new ways to address this fast growing and dynamic market,” Arthur Lozinski, CEO and co-founder of Oomnitza, commented.

Related: Blockchain Security Company CertiK Raises $24 Million

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Related: Threat Detection Provider ReversingLabs Raises $56 Million

Related: Finite State Raises $30 Million in Series B Funding

Related: 1Password Raises $100 Million at $2 Billion Valuation

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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