Onapsis Raises $31 Million in Series C Funding

Business-critical application cybersecurity and compliance services provider Onapsis acquired $31 million in Series C minority funding led by new investor LLR Partners, as well as existing institutional investors .406 Ventures, Evolution Equity Partners, and Arsenal Venture Partners.

According to the company, Onapsis has amassed a portfolio of over 200 marquee Fortune 2000 companies, achieved record year-over-year growth for five consecutive years, and expanded the company to over 180 employees globally.

Onapsis will leverage the investment to accelerate sales, customer success, and marketing effort, as well as to invest in product development and innovation, threat research, and scaling its channel and partner programs.