Odaseva, a San Francisco, CA-based provider of an enterprise data security platform for Salesforce, raised $54M in Series C funding.

Latest funding round capitalizes on recent growth, catalyzing further product innovation and expansion into new marketsSAN FRANCISCO, June 27, 2024 /PRNewswire/ -- Odaseva, the leading enterprise data security platform for Salesforce, today announced a $54 million Series C equity financing, bringing the total company funding to more than $90 million. Silver Lake Waterman led the round, with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove. The investment comes after several marquee new customer wins across industries and geographies, and will support further growth, including additional investment into data security and Zero Trust product offerings.Enterprises around the globe are digitizing more strategic processes, including assets containing sensitive data with high demand for confidentiality, integrity and availability - further accelerated by AI and compliance standards. Odaseva is the trusted Salesforce enterprise data security platform securing more than 100 million users for customers around the world, including a growing number of Global Fortune 500 companies. The power of the Odaseva platform enables Salesforce end-to-end encryption, optimizes Salesforce availability up to 99.99% and delivers among the best-in-the-industry Salesforce Recovery Point and Time Objective (RPO/RTO)."Data sits at the core of large organizations, so we know trust with our customers is more important than ever before. We're proud that Odaseva's commitment to data security exceeds the requirements of even the most complex, highly regulated businesses in the world," said Sovan Bin, CEO and Founder of Odaseva