Odaseva raises $54M to secure Salesforce users

Odaseva, a company specializing in securing Salesforce environments, raised $54 million in Series C funding led by Silver Lake Waterman, bringing total funding to $90 million. Founded by former Salesforce employee Sovan Bin, Odaseva offers data protection (backup/restore), zero-trust data security, archiving, compliance, and data platform services, serving large enterprises like Accor, Schneider Electric, and Michelin. Despite competition from AppOmni, WithSecure, Opswat, Varonis, and Salesforce itself, the company plans to remain focused on Salesforce, positioning itself against the broader market trend favoring platform consolidation.