AppOmni

AppOmni

Cybersecurity solutions for SaaS applications

About

AppOmni offers security solutions for Software as a Service (SaaS) applications, focusing on preventing data exposure from misconfigurations in platforms like ServiceNow and Okta. Its security platform detects and corrects these misconfigurations, addresses over-provisioning of user access, and identifies risky third-party applications that may pose security threats. AppOmni stands out by providing a comprehensive approach to SaaS security and offering a free risk assessment for ServiceNow instances to attract new clients. The company's goal is to enhance the security of SaaS applications and protect sensitive data from exposure.

Company Stage

Series C

Employees

201-500

Industries

Cybersecurity, Financial Services, Healthcare

Total Funding

$119.6M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • AppOmni's impressive 116% revenue growth and expansion into new markets, such as the APAC region, highlight its strong financial health and growth potential.
  • The company's partnerships with industry leaders like KPMG and the establishment of new data centers demonstrate its commitment to global expansion and customer satisfaction.
  • Recognition from industry analysts and awards, such as the Frost & Sullivan award for SSPM innovation, bolster AppOmni's reputation and credibility in the cybersecurity market.

What critics are saying

  • The rapidly evolving cybersecurity landscape requires continuous innovation, and failure to keep pace could impact AppOmni's competitive edge.
  • Dependence on high-profile clients means that losing a major customer could significantly affect revenue and market perception.

What makes AppOmni unique

  • AppOmni specializes in securing SaaS applications, addressing specific vulnerabilities like misconfigurations and over-provisioning, which are often overlooked by general cybersecurity solutions.
  • The introduction of Zero Trust Posture Management (ZTPM) extends Zero Trust principles to the application layer, providing a unique and comprehensive security posture for SaaS environments.
  • AppOmni's platform offers granular access and configuration management, ensuring mandatory SSO, MFA, and least privilege configurations across the entire SaaS landscape, which is a significant differentiator.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

19%

2 year growth

60%

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