What is Obsidian Security?
Obsidian Security is a prominent player in the cybersecurity landscape, focused on providing comprehensive and contextual understanding of an organization's SaaS applications. In an era where businesses increasingly rely on cloud-based productivity suites, communication tools, HR systems, and identity providers, Obsidian addresses the critical need to secure this vast and interconnected data. The company's platform aims to make these complex applications safer and more secure by offering deep insights into their usage and potential vulnerabilities. This focus positions Obsidian Security as a key enabler for organizations seeking to enhance their cloud security posture and protect sensitive information.
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 Norwest Venture Partners, IVP, and Menlo Ventures
Key Investors in Obsidian Security
GV
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations. They provide financial backing to promising startups and growth-stage businesses globally.
Wing VC
Wing Venture Capital is an early-stage investor and company builder focused on equipping founders with resources to develop innovative products, particularly in areas like AI, autonomous apps, and data. They cater to startups seeking to enhance their technology stack.
Greylock Partners
83North is a global venture capital firm managing over $2.2 billion and focused on investing in exceptional entrepreneurs. The firm supports companies at all stages with the goal of developing global category leaders and adopts a unique approach to help companies scale.
What's next for Obsidian Security?
The recent major enterprise-level funding and strategic investment signal a pivotal growth phase for Obsidian Security. This capital infusion is expected to accelerate product innovation, expand market reach, and bolster the company's competitive edge in the rapidly evolving SaaS security sector. With a clear focus on understanding and securing complex application ecosystems, Obsidian is poised to further solidify its position as a leader in enterprise security solutions. Future developments will likely involve enhancing its platform's capabilities, forging strategic partnerships, and scaling its operations to meet the growing global demand for robust SaaS security.
See full Obsidian Security company page
