AppOmni, a software-as-a-service (SaaS) security provider, has received a strategic investment from Cisco Investments to advance product development and accelerate its approach to market.
AppOmni is expanding its security capabilities to cover additional SaaS security applications, including Snowflake, HubSpot, Cisco’s Duo Security and Veeva, the company said in a prepared statement.
The company is showing its new products at Black Hat USA 2022, August 6-11, in Las Vegas.
Janey Hoe, vice president of Cisco Investments, explained the thinking behind the partnership with AppOmni:
“Customers have increasing requirements for in-app protection, continuous monitoring, and security controls in SaaS environments. In addition to identifying and mapping SaaS apps in an enterprise environment, the AppOmni platform delivers an innovative approach for seamless trusted access across SaaS sessions.
Protecting 82 Million Users
AppOmni says it delivers centralized visibility, data access management and security controls for any app — including Box, GitHub, Google Workspace, Jira, Microsoft 365, Salesforce, ServiceNow, Slack, Workday and Zoom . AppOmni protects more than 82 million users across a wide range of SaaS platforms, and has secured more than 260 million exposed data records, the company said.
In addition, AppOmni’s SaaS security management software provides cost savings by speeding up development processes. It also allows security and IT teams to secure more of their tech stacks with fewer resources, the company said.
The AppOmni Developer Platform enables universal coverage for any SaaS application or custom application, and is currently used by both customers and MSP partners.
Harold Byun, chief product officer of AppOmni, describes the advantages of the Developer Platform:
“The Developer Platform addresses the market need for a comprehensive security control layer for any application, whether SaaS or custom. We have customers who quickly build support for custom apps on the platform, as well as many system integrators using the AppOmni Developer Platform, to support enterprise applications and SaaS platforms for their customers.”
SaaS Application Security is a Growing Market
In addition to App Omni, SaaS Alerts and Augmentt promote SaaS application security and management to MSPs. Augmentt’s latest move involves a Free Community Software Program to help MSPs and IT professionals manage and secure their SaaS and cloud applications.
Venture capitalists and private equity firms are pumping money into the market. Recent examples include: