Obsidian Security Secures $85 Million Series D, Hits $1.1 B Unicorn Valuation

Key Points

• Obsidian Security raised $85 million in a Series D round.
• The financing lifts the company’s valuation to $1.1 billion, making it a unicorn.
• Series D investors include Greylock, Wing, GV and Norwest, among others.
• Obsidian’s platform protects SaaS applications by monitoring compromised accounts and risky configurations.
• New focus targets AI agents that can act across multiple SaaS tools, a growing security concern.
• Funding will accelerate development of AI‑agent defenses and SaaS supply‑chain protection.
• The raise reflects broader investor interest in securing enterprise AI workloads.
• Industry moves, such as Databricks’ acquisition of Panther Labs, signal heightened focus on AI security.