Founded Year

2017

Stage

Series C | Alive

Total Raised

$119.5M

Last Raised

$90M | 1 mo ago

Mosaic Score

+240 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Obsidian Security

Obsidian Security is applying artificial intelligence to enable user security for enterprise hybrid-cloud environments. Obsidian Security was founded in 2017 and is based in Newport Beach, California.

Obsidian Security Headquarter Location

680 Newport Center Drive Suite 200

Newport Beach, California, 92660,

United States

Obsidian Security's Product Videos

ESPs containing Obsidian Security

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Cybersecurity

These solutions secure cloud infrastructure (e.g., containers, microservices), control cloud access, and ensure appropriate cloud configurations and security policies.

Obsidian Security named as Challenger among 10 other companies, including Netskope, Wiz, and Menlo Security.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Cybersecurity

These solutions secure cloud infrastructure (e.g., containers, microservices), control cloud access, and ensure appropriate cloud configurations and security policies.

Obsidian Security named as Challenger among 9 other companies, including Netskope, Wiz, and Menlo Security.

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Obsidian Security's Products & Differentiation

See Obsidian Security's products and how their products differentiate from alternatives and competitors

  • SaaS Posture Management

    Obsidian’s SaaS Security Posture Management (SSPM) solution helps security teams to proactively reduce enterprise risk by hardening configurations, right-sizing user privilege, and identifying sensitive data sharing. We provide a single, centralized inventory of configuration settings across business-critical SaaS applications against benchmarks and recommend opportunities for immediate improvement. Because our platform understands the holistic SaaS environment, security teams will know the exact impact of changes before they make them. To help reduce over-privilege and reduce blast radius, we’ve untangled the complexities of each application’s unique permission structure and overlaid individual and peer activity data to determine if privileged access is being used.

    Differentiation

    Because Obsidian is architected to detect threats and improve posture of SaaS apps, we’re able to incorporate activity data and other context into our SSPM analysis. Security teams are not only able… 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Obsidian Security

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Obsidian Security is included in 3 Expert Collections, including AI 100.

A

AI 100

199 items

A

Artificial Intelligence

8,693 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

C

Cybersecurity

5,049 items

Obsidian Security Patents

Obsidian Security has filed 2 patents.

The 3 most popular patent topics include:

  • Cloud applications
  • Cloud computing
  • Cloud platforms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/12/2020

2/23/2021

Cloud storage, Cloud platforms, Cloud computing, Cloud applications, Cloud infrastructure

Grant

Application Date

2/12/2020

Grant Date

2/23/2021

Title

Related Topics

Cloud storage, Cloud platforms, Cloud computing, Cloud applications, Cloud infrastructure

Status

Grant

Latest Obsidian Security News

Obsidian Security Closes $90 Million In Series C

Apr 20, 2022

Obsidian Security recently announced it raised $90 million in Series C funding. These are the details. Obsidian Security – a leader in SaaS Security and Posture Management (SSPM) – recently announced $90 million in Series C financing led by Menlo Ventures, Norwest Venture Partners, and IVP, with participation from existing investors Greylock, Wing, and GV. Including this round of funding, the company has now raised $119.5 million in total financing. Menlo Ventures Partner Venky Ganesan also joined the board of directors. Known as a leader in the SaaS Security Posture Management (SSPM) category coined by Gartner, Obsidian was founded in 2017 to help security and IT operations teams bridge the security and compliance gaps created when lines of business adopt SaaS applications to run business-critical functions like finance, payroll, HR, sales and operations. And the adoption of tools like Salesforce, Workday, Github, Google Workspace, Microsoft 365, ServiceNow, and Zoom only accelerated during the COVID-19 pandemic with organizations of over 1,000 employees using more than 150 SaaS applications on average. This need to secure the most critical applications from external attacks, insider threats, and misconfiguration, drove major revenue growth in 2021 for Obsidian. With 5x growth in deals of $100,000 or more last year, Obsidian has only just begun addressing the SaaS security gap. Obsidian fills the gap left by traditional security solutions by analyzing state and activity data within and across applications to help reduce over-privileged, optimize configurations, prevent sensitive data from being exposed, and detect compromised accounts and insider threats. And this protection is critical as according to Microsoft, 80% of employees use applications that may not be compliant with an organization’s security and compliance policies. This security challenge is further complicated by the thousands of integrations and plugins available for some of the world’s most popular applications. KEY QUOTES: “There’s a myopic focus on securing cloud infrastructure and company endpoints leaving a significant gap in the middle where users, data and business assets live — SaaS applications. In our conversations with CISOs and CIOs we have seen a profound shift that legacy security and configuration tools are not enough to protect an organization’s most critical assets. We believe that Obsidian’s holistic approach to SaaS security will help define this category.” — Menlo Ventures Partner Venky Ganesan “There hasn’t been a comprehensive and contextual platform for securing third-party SaaS applications until Obsidian. We’re not only enabling security teams to detect more threats and proactively improve their security posture, we’re bringing together all the stakeholders in SaaS adoption — application vendors, lines of business, security and IT operations — to create a shared-responsibility model for SaaS security. The need for this is exemplified by the recent breach at Okta. We’re honored to have investment partners like Menlo, Norwest and IVP join us in our mission.” — Hasan Iman, CEO of Obsidian Security

Obsidian Security Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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