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Odaseva, a San Francisco, CA-based cloud data management platform for enterprises running critical business applications in the cloud such as Salesforce, raised $11.7m in Series A funding.

The round, which brought total funding to $14m, was led by Partech with participation from new investor Salesforce Ventures and existing investor Serena.

The company intends to use the funds to accelerate its go-to-market strategy even building on existing sales and technology partnerships with Accenture, Capgemini, CGI and Deloitte and to double employee headcount in 2019.

Led by Sovan Bin, CEO and Founder, Odaseva provides a cloud data management platform for enterprises running critical business applications in the cloud such as Salesforce. Over 2.5 million Salesforce users from companies such as Schneider Electric, Toyota or General Electric, use Odaseva as the solution to address challenges such as data privacy compliance automation, data protection, data lifecycle management, breach detection and archive retention.
Odaseva’s solution can extend to any enterprise – whether in a regulated industry requiring GDPR or California Consumer Privacy Act compliance or in any market where data privacy directives are core to an organization’s mission.

FinSMEs

Read the article: http://www.finsmes.com/2019/02/odaseva-closes-11-7m-series-a-funding.html