What is Obsidian Security?
Obsidian Security specializes in enhancing the safety and security of SaaS applications, which are increasingly entrusted with vast amounts of organizational data. The company provides a comprehensive and contextual understanding of complex, interconnected applications, addressing critical vulnerabilities within productivity suites, communication tools, HR systems, and identity providers. By offering deep insights into these environments, Obsidian empowers organizations to mitigate risks associated with cloud-based data.
How much funding has Obsidian Security raised?
Obsidian Security has raised a total of $119.5M across 3 funding rounds:
Series A
$9.5M
Series B
$20M
Series C
$90M
Series A (2017): $9.5M with participation from Greylock Partners
Series B (2019): $20M led by GV, Wing VC, and Greylock Partners
Series C (2022): $90M supported by Menlo Ventures, Norwest Venture Partners, and IVP
Key Investors in Obsidian Security
Menlo Ventures
Menlo Ventures is a venture capital firm focused on early and growth-stage technology companies, particularly in enterprise software and frontier tech. They typically partner with founders through multiple stages of scale.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm with a long history, investing across various technology sectors.
IVP
IVP is a prominent venture capital firm known for investing in high-growth technology and healthcare companies, often at later stages of development.
What's next for Obsidian Security?
The substantial enterprise-level funding and recent strategic investment signal a strong commitment to Obsidian Security's expansion and product development. This capital infusion is likely to fuel further innovation in their SaaS security platform, enabling the company to deepen its market penetration and address the evolving threat landscape. Future growth may involve expanding their suite of security solutions, forging new strategic partnerships, and scaling their operations to meet growing global demand for robust cloud security.
See full Obsidian Security company page
