Odaseva, an enterprise data security platform for Salesforce, has announced a significant milestone with the closing of a $54 million Series C equity financing round. This latest funding, led by Silver Lake Waterman and supported by existing investors, like F-Prime, Eight Roads, and Serena Capital, alongside new backers Eurazeo and Crescent Cove, brings Odaseva’s total funding to over $90 million.

The infusion of capital follows a string of notable customer acquisitions across diverse industries and global regions, underscoring Odaseva’s market leadership and strategic growth trajectory.

"The Odaseva team has built a leading data resiliency platform for the Salesforce ecosystem that provides security and continuity solutions for mission critical applications," said Shawn O'Neill, Managing Director and Group Head of Silver Lake Waterman. "The Odaseva leadership team have a solid track record of building value and trust with global enterprise customers and we are excited to partner with the team and help drive further growth."

As enterprises worldwide are digitizing core processes, the demand for stringent data security measures is also on the rise. Odaseva addresses these needs by empowering organizations to navigate the complexities of the digital landscape confidently with its robust solutions that ensure the confidentiality and integrity of critical business information within Salesforce ecosystems.

With Odaseva’s platform, businesses can optimize Salesforce availability up to 99.99%, achieve robust end-to-end encryption, and maintain miaximum Recovery Point and Time Objectives (RPO/RTO) – all pivotal in safeguarding sensitive data and maintaining operational continuity.

The Series C funding will accelerate Odaseva’s product development initiatives, particularly in enhancing its Zero Trust and data security offerings. Additionally, the investment will bolster Odaseva’s global footprint, with expanded resources earmarked for North America, Europe, and the Asia Pacific regions.

Key strategic hires at the executive level, including recent appointments like Steven Corbin as Chief Financial & Operating Officer, Matthew Johnston as Chief Revenue Officer, and Susan Lansing as Chief People Officer, highlight Odaseva’s commitment to scaling operations and driving innovation.

"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. "This round of funding will help to accelerate our growth into new markets and keep us at the forefront of innovation in the space."