Oomnitza: Raises $20M in Funding

Oomnitza Raises $20M in Funding

  • Oomnitza, a San Francisco, CA-based provider of SaaS Enterprise Technology Management solutions, raised $20m in funding
  • The round was led by C5 Capital with participation from Gula Tech Adventures, Aspenwood Ventures (also known as Hummer Winblad), and existing investors
  • In conjunction with the funding, C5 Managing Partner William Kilmer will by joining the company’s board of directors
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company is an Enterprise Technology Management solution for endpoints, applications, cloud, networking, and accessories
  • The company can orchestrate lifecycle processes, from purchase to end-of-life, across all IT assets, ensuring their technology is secure, compliant, and optimized, enabling their employees
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

AI Fears Weigh on Wealth Management and Price Comparison Stocks

Investors express concerns over AI's impact on financial sectors.Highlights: Wealth management and price comparison stocks facing declines.Investor worries...

NAB Strengthens Everyday Banking with Video Appointments

National Australia Bank introduces video appointments for customer convenience.Highlights: National Australia Bank launches video appointments for everyday banking.Service...

UK MPs Call for Stronger Safeguards Against DWP Bank Account Snooping

Legislators seek to enhance privacy for individuals subjected to DWP investigations.Highlights: UK MPs demand better privacy protections for...

FCA Tightens Rules for BNPL Lenders on Transparency and Affordability

New regulations aim to enhance consumer protection in the BNPL sector.Highlights: FCA introduces stricter guidelines for BNPL lenders.New...