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Oomnitza Partners with Shasta Ventures and Riverside Acceleration Capital in Latest Round of Funding

Investment throughout a worldwide pandemic emphasizes the worth of an built-in IT asset administration resolution within the present work-from-home business transition


Oomnitza, one of many main know-how options that delivers a platform to safe and handle an organization’s digital property, introduced it has accomplished its Series B institutional funding spherical of $12.5 million, led by Shasta Ventures and Riverside Acceleration Capital (RAC). More than 130 enterprise and Fortune 500 clients throughout a spread of industries already depend on Oomnitza’s holistic strategy to managing and securing IT infrastructure.

This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/news/home/20200810005145/en/

Oomnitza helps the world's leading companies manage, track and optimize the technology that power their businesses. (Graphic: Business Wire)

Oomnitza helps the world’s main corporations handle, observe and optimize the know-how that energy their companies. (Graphic: Business Wire)

Oomnitza helps clients handle their quickly evolving IT infrastructure by addressing important necessities for safety, compliance, procurement and worker expertise. The Oomnitza platform can safe, function and oversee an enterprise’s full digital property. It is the one know-how which might ship this complete and built-in view of important IT infrastructure, and because of this, gives the quickest time to worth within the enterprise thus far.

“We are seeing accelerated digital transformation in organizations adapting to a new normal,” stated Arthur Lozinski, CEO and Co-Founder of Oomnitza. “We are fortunate to have capital partners who understand those customer trends. During this proliferation of digital technology, companies are valuing the scale and robustness that Oomnitza provides.”

Digitalization requires a brand new mind-set about safety and compliance. Oomnitza’s SaaS-based platform helps clients rapidly and simply leverage the techniques of their atmosphere to automate handbook processes.

“Customers love Oomnitza’s breakout technology to solve complex challenges of managing IT infrastructure,” stated Nitin Chopra, Partner, Shasta Ventures. “Arthur and his team have created a fast growing and operationally brilliant organization. Oomnitza is positioned to become the cornerstone solution in every enterprise’s IT infrastructure.”

Oomnitza’s platform gives the safety and operational instruments to handle all the company digital property, together with the end-user {hardware}, put in / SaaS software program, networking infrastructure, digital cloud companies, retail gadgets, healthcare machines and a broad number of IT property.

“We are excited to support Oomnitza during this important time as the team expands its solutions portfolio and customer base,” stated Jonathan Drillings, Partner, Riverside Acceleration Capital. “As a SaaS platform, Oomnitza’s architecture already took advantage of the key benefits of the cloud, to deliver a modern, effective approach to asset management. In today’s work environment, where so many businesses are operating virtually, this approach becomes even more valuable. IT teams need help figuring out logistics for thousands of home offices, versus the traditional centralized office we were so accustomed to. Oomnitza’s technology is helping their customers manage through the current work environment, and should continue to do so, no matter what shape it takes going forward.”

About Oomnitza

Oomnitza delivers the IT business’s most complete and built-in view of the IT property, correlating property with individuals throughout all the asset lifecycle, delivering worth throughout a broad vary of industries and course of necessities. Oomnitza is headquartered in San Francisco. For extra info, go to www.oomnitza.com.

About Shasta Ventures

Shasta Ventures places entrepreneurs first. A number one early-stage enterprise capital agency, Shasta companions with daring inventive entrepreneurs who’re keen about constructing nice merchandise that ship wonderful work experiences. Founded in 2004, Shasta Ventures has greater than $1B beneath administration and makes a speciality of enterprise software program start-ups. Our portfolio options Anaplan, Appsheet, Apptio, Glint, Zuora and plenty of promising start-ups. Find out extra at www.shastaventures.com.

About Riverside Acceleration Capital

Riverside Acceleration Capital (RAC) gives versatile progress capital to expansion-stage B2B software program and know-how corporations, by means of an funding construction that maximizes alignment whereas minimizing dilution. RAC is a part of The Riverside Company, a worldwide personal fairness agency centered on investing in rising companies valued at as much as $400 million. Since its founding in 1988, Riverside has made greater than 650 investments. The agency’s worldwide personal fairness and structured capital portfolios embody greater than 100 corporations. For extra info, go to www.riverside.ac.

Regina Parundik
m: 412.559.1614
e: [email protected]

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