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Open Raven Raises $15M Series A Funding to Prevent Cloud Breaches Driven by Modern Complexity

PRIVATEJun 16, 2020

Amount Raised

$15 Million

Round Type

Series A

Los AngelesSoftwareSecurityCyber SecurityNetwork SecurityCloud Security

Description

Open Raven, the cloud native data security platform that prevents breaches driven by modern speed and sprawl, today announced that it raised $15 million Series A investment, bringing the company’s total funding to $19.1 million. Led by Kleiner Perkins with participation from existing investors including Upfront Ventures, the new capital will be used to accelerate Open Raven’s growth through expansion of key functions including engineering, customer support, sales and marketing. In addition, Bucky Moore, partner at Kleiner Perkins, joins the Open Raven board of directors.

Quick answer

Open Raven raised $15 Million in a Series A round, dated June 16, 2020. Open Raven is based in Los Angeles, California, United States.

How much did Open Raven raise?
Open Raven raised $15 Million in a Series A round on June 16, 2020.
What does Open Raven do?
Open Raven is the data security posture management company that prevents leaks, breaches, and compliance incidents.
Where is Open Raven based and how big is it?
Open Raven is based in Los Angeles, California, United States.
Who are the decision-makers at Open Raven?
Fundz holds 1 contact at Open Raven. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Open Raven that raised within 45 days of this round, from Fundz verified event records.

  • Spyderbat, Inc. raised $4.2M (Seed) on July 22, 2020.
  • GreyNoise Intelligence, Inc. raised $4.4M (Seed) on July 22, 2020.
  • GlobeX Data Ltd. raised $15K (Pre-Seed) on June 2, 2020.
  • Expel, Inc. raised $46M on May 19, 2020.
  • Apptega raised $154K (Seed) on May 13, 2020.
  • Expel, Inc. raised $50M (Series D) on May 13, 2020.

Who to call at Open Raven, and when

A new round usually means Open Raven is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Open Raven

Location

Los Angeles, California, United States

About

Open Raven is the data security posture management company that prevents leaks, breaches, and compliance incidents. For security teams with modern cloud infrastructures to locate and secure sensitive, toxic, and exposed data within hundreds or thousands of accounts, billions of objects, and petabytes of data, existing tools don’t work. The Open Raven Data Security Platform is the secure, private, budget-safe solution that closes data visibility gaps – and just works. Learn more at openraven.com or follow us @openraven.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Open Raven raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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