Whether you are looking for a new platform for your website, or you want to get started in a new venture, the App Omni platform can help you. In this article, you will find out how the platform is growing at an astonishing rate, what types of people are partnering with it, and how you can get involved.
Growth of 900% in one year
During the first quarter of 2020, cloud spending in the enterprise software market rose 37% to $29 billion, according to research from Gartner. SaaS application investment rates reached an all time high, according to Gartner, which is fueled by a global shift to remote working and the adoption of cloud technology. According to the report, 95% of all new enterprise app purchases are cloud-based. AppOmni is a provider of SaaS Security Management solutions for businesses. Its customer base includes global leaders in telecom, banking, healthcare and technology. Since its founding in 2018, AppOmni has achieved triple-digit ARR growth each year. In addition, customer retention is nearly 100%. Its customer base includes several Fortune 500 companies and mid-market companies. The company has over 50 employees and employs partnerships with industry leaders in SaaS such as Salesforce Ventures, ServiceNow Ventures and ClearSky.
The company plans to use the funding to strengthen its product R&D and to acquire new customers. AppOmni’s customer base includes a wide range of businesses, from small businesses to global leaders in banking, healthcare and telecom.
Track record of investors
Founded in 2018, AppOmni is a security company that helps companies secure employee apps and data. They have a track record of success and have already secured more than 50 clients including several Fortune 500 companies. As one of the fastest growing SaaS companies in the country, AppOmni has raised over $53 million in venture funding to date. They are also backed by some of the most well-known names in the startup community. Among their investors are Scale Venture Partners, ServiceNow Ventures, and Wiggers Ventures. AppOmni was founded by former Salesforce chief trust officer and security CTO Brendan O’Connor, along with co-founder Brian Soby. AppOmni is based in San Francisco and has offices in Austin, Dallas, and Boston. Its product is a SaaS safety management solution that protects companies’ most important assets. This is just one of many SaaS applications that are becoming more important in the enterprise work landscape.
AppOmni is also a leader in the app management solutions space. Their software grows and monitors SaaS applications to ensure they’re secure.
Platform expansion
Currently, AppOmni is in the process of adding new functionality to its AppOmni Developer Platform to complement its existing product offerings. To that end, the company is demonstrating a number of the more notable product features at this year’s Black Hat USA conference.
In particular, AppOmni is looking to make a splash in the SaaS security management space, which is a huge market that the company is well positioned to enter thanks to its unique position as a software-as-a-service provider. For example, the company currently covers Cisco’s Duo Security and HubSpot, two of the world’s largest SaaS providers, and will cover a number of other applications in the near future. To that end, AppOmni currently employs over fifty people and has an undisclosed base of clients. In the past year, the company has made a number of notable milestones. For example, it has expanded its footprint to include several Fortune 500 companies as clients, and has seen its annual revenue triple.
Customer retention
Founded by former Salesforce Chief Trust Officer Brendan O’Connor and Brian Soby, AppOmni offers SaaS security management solutions to help organizations protect their customers’ data. AppOmni has been growing at a triple-digit ARR for the past three years, and the company’s recent $40 million Series B fund, led by Scale Ventures, will help the company meet growing global demand. The Series B funding round also included existing investors like Inner Loop Capital, ClearSky, and Costanoa Ventures.
Conclusion
AppOmni’s customer retention rate has been 100%. The company has also experienced four times the number of partners in Europe and five times the number of North American partners. The growth is fueled by the increasing demand for cloud computing and the shift towards remote work. The company also recently launched its INFINITY Partner Program.
