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Odaseva raises $25 Million in fresh Series B funding round

Odasevathe leading Enterprise Cloud Trust Platform for organizations with business-critical cloud deployments, announced it has received $25 Million in a Series B funding round in which Partech invested! At Partech, we are very proud to continue supporting them as we have done since 2019. 

“It’s been more than 20 years, and cloud adoption is still in its early days," said Odaseva CEO Sovan Bin. “Providers have made major strides in building trust with enterprise customers, and Odaseva is excited to be part of that transformation. Now is the time for us to expand our vision as we enable large-scale customers to accelerate their shift to the cloud."

Odaseva is the market leader when it comes to helping large organizations that use Salesforce as a mission-critical application. Their service provides enterprise-class data governance,  data protection, as well as data compliance for regulation requirements such as GDPR and data operations. Their solution supports over 30 Million Salesforce users from industry defining companies such as Schneider Electric and Heinkenen. 

Odaseva looks to use the new funding to scale up various aspects of their business. The company will look to reinforce their core product to support companies using a wide range of platforms. On top of this, Odaseva will look to invest in its users and partners to advance their knowledge of the best Data Protection practices. As they look to expand on their success in North America, Odaseva are also looking to hire new staff across the globe to add to their teams in San Francisco, Sydney and New York. 

“The Odaseva team started their journey focused on a major problem for large-scale Salesforce customers, helping them through their move to the cloud,” said Reza Malekzadeh, General Partner at Partech. “Through the journey they demonstrated their technical leadership and incredible ability to execute by building on their vision beyond that initial focus market. We are very excited to see this new milestone on their journey to becoming a critical data platform for the cloud.” It is clear that their mission is attracting widespread acclaim both from investors and further afield. 

It is such an amazing time to be a part of Odaseva's journey. 

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