AppOmni, Wiggers and Venture Partners, Announces Series B Round
Founded by two former Wiggers and Venture Partners, AppOmni is a SaaS business specializing in managing the lifecycle of web-based projects. The company has raised over $40 million in venture capital and now is looking to raise a Series B round. The company is in the process of building its first product, an application that allows users to manage their own project lifecycles and projects. It is slated to be released in the second half of 2013.
Using the power of cloud technology, SaaS applications are becoming increasingly popular in the enterprise work landscape. But the question is how do companies protect these applications from theft and hacks? AppOmni is helping companies address this question by offering a complete suite of SaaS security management solutions. It’s a cloud security solution that enables organizations to manage employee apps while simultaneously protecting sensitive data.
Founded by a longtime security professional and former Salesforce CTO, AppOmni offers a full suite of SaaS security protections, including data access management and deep monitoring. The company has also extended its platform to include the most popular SaaS applications. And it’s not alone in the app management services market.
Besides offering a full suite of SaaS security products, AppOmni has garnered the attention of a bevy of industry-leading SaaS providers, including Salesforce, Box, Slack, and Zoom. The company has a growing team of senior security professionals. It also has a growing customer base. With no customers lost and a nine-fold year-over-year growth, AppOmni is a force to be reckoned with.
The company has also raised a hefty sum of capital. It recently secured $10 million in a Series A round, which was also accompanied by a $3 million seed round, led by Range Venture Partners and Inner Loop Capital. AppOmni is also supported by Salesforce Ventures, ClearSky, Costanoa Ventures, and ServiceNow Ventures.
Series B funding
Several new companies in the AI and robotics space have secured Series B funding. These include Ordr, Katana, and Bright Machines. These companies were backed by a combination of new investors and existing investors.
Ordr is a startup that helps organizations to use AI to improve cybersecurity. Its first $26 million round was led by Tyson Ventures. Several new investors participated in this round, including iAngels Ventures, Presidio Ventures (Sumitomo), and Seraphim Space Investment Trust.
Katana provides a software solution that manufacturers can use to manage their B2B sales. This funding will be used to expand the company’s features and capacity, as well as to increase the company’s market penetration in East Asia. It will also allow manufacturers to manage D2C sales, a trend which is rapidly growing in the industry.
DriveNet is a leading company that offers cloud-native networking and routing infrastructure solutions. The company has a solution that serves any network service provider, and can grow on demand. These services can be purchased by communication service providers and cloud providers. The company is headquartered in Seattle, Washington, and has already raised more than $1 billion in funding. This Series B round will be used to fuel the company’s mission and grow its global market presence Worldkingnews.
About the company
Whether you’re looking to make your mark in the SaaS space or are just dabbling with the one, you’ll have your pick of the litter. You’ll be able to sample a wide swath of the most high-profile players as well as a slew of neophytes. The most notable notables include LinkSquares, AppOmni, and Verusen. The aforementioned companies have a combined worth in excess of $30 million in equity. In the grand scheme of things, these are buttressed by an equal number of well-funded start-ups. While you’re mingling with the big dogs, don’t be surprised to see an occasional startup swoop by.
As a matter of fact, the aforementioned companies may be a bit pricier than your average Silicon Valley startup, but that doesn’t stop them from announcing a freebie for the taking. The most important point is that this is not a one-off, but rather a long-term strategy. If you’re looking for a way to get a leg up on the competition, this may be the best path for you to take. The most efficient and effective way to do this is by signing up for a free subscription to their respective services mixx.