AppOmni, a provider of SaaS security, has received follow-on investments from TSG, as well as other funds. The capital will bolster AppOmni’s go-to-market expansion in Europe, the Middle East and Africa (EMEA) and the Asia/Pacific regions as well as the company’s product development — extending the breadth of SaaS app coverage and depth of functionality. The funding adds to the company’s Series C round announced last June, and it comes on the heels of a strategic investment from Cisco Investments announced in August.
In addition to the injection of capital, AppOmni also announces its recent SOC 2 Type 2 designation and the award of its newest patent related to SaaS security remediation.
AppOmni CEO and co-founder Brendan O’Connor said, “We continue to grow rapidly in terms of revenue, customer base, geographies and product capabilities. We have incredible momentum across the company, particularly as this additional capital coincides with our recent SOC 2 Type 2 designation and the latest patent covering SaaS security remediation. These achievements will enable us to accelerate our product roadmap and extend our leadership position in the global SaaS security space.”
AppOmni said it is the “first major SaaS security vendor” to be awarded the SOC 2 Type 2 designation. SOC 2 Type 2 evaluates criteria over an extended period and is more stringent than SOC 2 Type 1, which is evaluated at a single point in time. The certification strengthens AppOmni’s ability to serve as a vendor to leading enterprises, especially those housing sensitive data or in highly regulated industries such as banking, government, and healthcare.
The company’s latest patent is US11418393B1 – Remediation of detected configuration violations. This covers processes, products and systems related to remediation and auto-remediation of security issues within SaaS applications.
To learn more about AppOmni’s patents and certifications, email email@example.com. For more information, visit www.appomni.com.