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Obsidian Security raises $85 million in a Series D funding round, led by Crescent Cove Advisors, at a $1.1 billion valuation to expand its AI security platform.

PRIVATEAug 04, 2026•5 days ago

Amount Raised

$85 Million

Round Type

Series D

Newport BeachInformation TechnologySoftwarePrivacy And Security

Investors

Menlo VenturesGreylock PartnersCrescent Cove Advisors

Description

Obsidian Security raised $85 million in a Series D funding round, valuing the company at $1.1 billion. The funding, led by Crescent Cove Advisors, comes as businesses increasingly adopt AI agents, prompting heightened demand for security solutions. Funds will be utilized to expand Obsidian's platform, monitoring AI agents across applications like Microsoft Copilot Studio. CEO Hasan Imam highlighted the urgent need for security as AI agent access to sensitive data becomes more prevalent.

Company Information

Company

Obsidian Security

Location

Newport Beach, California, United States

About

Obsidian Security is the first truly comprehensive threat and posture management solution built for SaaS. Our platform consolidates data across core applications to help your team optimize configurations, reduce over-privilege, and mitigate account compromise and insider threats. The company was founded in 2017 by industry experts from Carbon Black and Cylance including Ben Johnson, Glenn Chisholm and Matt Wolff. Notable Fortune 500 companies trust Obsidian Security to secure SaaS applications, like Salesforce, Workday, Microsoft 365, ServiceNow, Google Workspace and Github. Headquartered in Southern California, Obsidian Security is privately-held and backed by Menlo Ventures, IVP, Greylock, GV, Norwest Venture Partners, and Wing. For more information, visit www.obsidiansecurity.com.

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