What is Odaseva?
Odaseva operates as a comprehensive platform dedicated to Data Privacy automation, Protection, and Data Operations, specifically engineered for large enterprises utilizing the Salesforce ecosystem. The company offers a suite of pre-built data governance applications hosted on its proprietary Cloud Data Governance Platform. Its solutions encompass personal data protection, data lifecycle management, robust data security features including access control and auditing, data breach detection and notification capabilities, as well as backup, recovery, and archive retention services for SaaS CRM cloud applications. Based in Cambridge, Massachusetts, Odaseva addresses critical data management and compliance needs for its enterprise clientele.
How much funding has Odaseva raised?
Odaseva has raised a total of $90.7M across 3 funding rounds:
Series A
$11.7M
Series B
$25M
Series C
$54M
Series A (2019): $11.7M, investors not publicly disclosed
Series B (2020): $25M led by Eight Roads Ventures, F-Prime Capital, Serena, Partech, and Salesforce Ventures
Series C (2024): $54M supported by Silver Lake, Eurazeo, and F-Prime Capital Partners
Key Investors in Odaseva
Eight Roads Ventures
Eight Roads Ventures is a global investment firm that backs ambitious entrepreneurs building category-leading businesses. They focus on technology and healthcare sectors.
F-Prime Capital
F-Prime Capital is a venture capital firm investing in healthcare and technology companies, with a focus on early-stage innovation.
Salesforce Ventures
Salesforce Ventures is the corporate venture capital arm of Salesforce, investing in enterprise cloud companies that are building the next generation of business applications.
What's next for Odaseva?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Odaseva for accelerated growth and market expansion. This capital infusion is likely to fuel further development of its data governance and privacy automation solutions, enhancing its competitive edge in the enterprise SaaS market. The company is expected to leverage this backing to deepen its integration with Salesforce and potentially broaden its platform's capabilities to address evolving data protection regulations and enterprise demands. Strategic partnerships and enhanced customer support are also probable areas of focus as Odaseva solidifies its position as a leader in Salesforce data management.
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