Okera, a US-based data management software provider that counts financial services firm Capital One as an investor, received $15m yesterday in a funding round led by venture capital firm ClearSky Security.
VC firms Bessemer Venture Partners and Felicis Ventures also took part in the round, having joined Capital One subsidiary Capital One Growth Ventures in Okera’s $12m series A round in mid-2018. Bessemer had previously led a $2.6m seed round closed while the company was in stealth.
Founded in 2016 as Cerebro Data, Okera is the developer of a software platform that helps enterprise customers securely access and audit large volumes of data. It will spend the latest funding on beefing up engineering, sales and marketing activities.
The round was disclosed shortly after the appointment of Nick Halsey as chief executive of Okera. He said: “It has never been more important than today to secure data access, especially in the current climate with more employees working remotely than ever before.
“There is an infinite market opportunity for us and I am looking forward to working with [Okera founder and CTO Nong Li] and the exceptionally talented team at Okera.”
