Oomnitza raises $20 mn led by C5 Capital

C5 Capital, an investor in cybersecurity companies, has led a $20 million growth funding round in Oomnitza.
Dollar spending on technologyOther investors in the round include Gula Tech Adventures, Aspenwood Ventures (Hummer Winblad), along with existing investors Riverside Acceleration Capital, and Shasta Ventures.

Oomnitza, a SaaS-based Enterprise Technology Management (ETM) solutions provider, has raised $35 million to date.

Oomnitza’s customers include many technology unicorns as well as Fortune 500 organizations across retail, hospitality, automotive, and financial services sectors. These companies, representing more than $3 trillion of market capitalization, have adopted Oomnitza’s solution to become their system of record to manage their technology assets.

Oomnitza’s Enterprise Technology Management product enables organizations to integrate and manage their diverse technology portfolio, including endpoint devices, applications, cloud infrastructure, networking, and accessories.

To date, more than 150 companies have adopted Oomnitza to bridge traditional technology silos and scale their assets while managing rapidly changing requirements in security, compliance, procurement, and improving employee experience.

Riverside Acceleration Capital and Shasta Ventures also supported Oomnitza’s previous round of funding, completed in August 2020.

The investment in Oomnitza is the eighth from C5’s Cyber Partners II fund, which invests in companies supporting the secure data ecosystem, including cybersecurity, applied data analytics, and cloud infrastructure.

The fund already has had two notable exits: Shape Security, acquired by F5 Networks; and IronNet Cybersecurity, which is being acquired in a SPAC merger with LGL Systems Acquisition