Data Governance Startup Okera Raises $15 Million in Series B Funding
Data access and governance provider Okera this week announced the closing of a $15 million Series B funding round that brings the total raised by the company to $29.6 million.
The San Francisco-based company plans on using the newly raised capital to expand its investment in engineering, sales, and marketing.
Okera’s Active Data Access Platform (ODAP) helps companies comply with regulations and better secure their data access in multi-cloud and hybrid cloud environments.
Additionally, the company announced that Nick Halsey, who recently served as President and CEO of Zoomdata, has joined Okera as CEO and board member.
The Series B round was led by ClearSky Security, and also saw participation from existing investors Bessemer Venture Partners and Felicis Ventures.
Okera named Timothy Eades (vArmour CEO and an early investor) as Executive Chairman, and announced that Patrick Heim (Partner and CISO at ClearSky) has joined the Okera board.
“It’s never been more important than today to secure data access, especially in the current climate with more employees working remotely than ever before,” said Halsey. “There’s an infinite market opportunity for us and I’m looking forward to working with Nong [Okera Co-Founder and CTO] and the exceptionally talented team at Okera.”