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Identity Protection Firm Obsidian Security Raises $20 Million

Obsidian Security, a California-based provider of identity protection solutions, on Wednesday announced that it raised $20 million in a Series B funding round, which brings the total raised by the company to $30 million.

Obsidian Security, a California-based provider of identity protection solutions, on Wednesday announced that it raised $20 million in a Series B funding round, which brings the total raised by the company to $30 million.

The funding round was led by Wing, with participation from GV and previous investor Greylock Partners. Gaurav Garg, founding partner at Wing, has joined the Obsidian board of directors as part of the deal.

Obsidian, which is led by founders of Cylance and Carbon Black, provides an intelligent identity platform that continuously analyzes user activity, permissions and configuration data in an effort to help organizations protect their users and assets.

According to the company, its solutions provide deep visibility, more efficient identity lifecycle management, and incident response and forensics capabilities.

“The battleground of enterprise security has shifted from network and endpoint protection to identity and access,” said Wing’s Garg. “Obsidian has built a much needed next-generation identity protection solution. They’ve embedded cutting-edge machine learning techniques to help organizations protect their users and critical applications.”

Related: IAM Provider OneLogin Raises $100 Million

Related: Customer Identity and Access Management Firm LoginRadius Raises $17 Million

Related: Identity-based Threat Detection Preempt Raises $17.5 Million

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Related: Identity Management Firm Keyfactor Raises $77 Million

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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