Obsidian Security Raises $90 Million Series C Round To Cement Its Leadership In Saas Security

Apr 14, 2022•about 3 years ago

Amount Raised

$90 Million

Round Type

series c

Newport Beach

Description

Obsidian Security, the leader in SaaS Security and Posture Management (SSPM), today announced $90 million in Series C financing led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV. Obsidian, which has now raised $119.5 million in total financing, will add Menlo Ventures Partner Venky Ganesan to its board of directors.

Company Information

Company

Obsidian Security

Location

Newport Beach, California, United States

About

Obsidian Security is the first truly comprehensive threat and posture management solution built for SaaS. Our platform consolidates data across core applications to help your team optimize configurations, reduce over-privilege, and mitigate account compromise and insider threats. The company was founded in 2017 by industry experts from Carbon Black and Cylance including Ben Johnson, Glenn Chisholm and Matt Wolff. Notable Fortune 500 companies trust Obsidian Security to secure SaaS applications, like Salesforce, Workday, Microsoft 365, ServiceNow, Google Workspace and Github. Headquartered in Southern California, Obsidian Security is privately-held and backed by Menlo Ventures, IVP, Greylock, GV, Norwest Venture Partners, and Wing. For more information, visit www.obsidiansecurity.com.

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