Oomnitza, a San Francisco-based enterprise technology management startup, has raised $20 million via its latest funding round.
The funding round was led by C5 Capital and counted with participation from Aspenwood Ventures, Gula Tech Adventures, Riverside Acceleration Capital, and Shasta Ventures. The round brings the total funding raised by the startup to $35 million, which will allow the startup to continue developing its enterprise technology management solution. William Kilmer, Managing Partner at C5 Capital, referred to the firm’s support by stating:
“Oomnitza has created a new category-defining solution that provides immediate impact for organizations seeking to scale and maximize their technology ROI as evidenced by their rapid growth and enthusiastically positive customer feedback. We believe that Oomnitza will be the solution of choice for organizations seeking to effectively manage their technology because customers who use their solution see strong, consistent, and rapid results.”
The startup’s solution allows organizations to integrate and manage their technology portfolio in a more effective and comprehensive manner by integrating endpoint devices, applications, cloud infrastructure, networking, and more. The platform developed by Oomnitza is currently used by many Fortune 500 companies as well as Unicorns in the technology industry.
With its more than 150 customers, which represent a market capitalization of more than $3 trillion, Oomnitza is aiming to bridge traditional silos to allow organizations to escalate faster and more effectively, allowing them to improve their operations. Arthur Lozinski, CEO and Co-Founder, referred to this approach by stating:
“Our customers have been telling us that the traditional approach of managing technology in siloed tools was not working and that for the first time with Oomnitza, they have a single source of truth for all their technology portfolios. With our new capital partners’ deep experience in technology and security, we are boosting product innovation, market reach and are innovating on new ways to address this fast-growing and dynamic market.”
Organizations around the world are transitioning toward a hybrid IT ecosystem that provides increased security, compliance, and improvement of the overall employee experience. Oomnitza is looking to capitalize on this increasing demand by providing a more “aggressive and revolutionary” way of thinking.