Open Raven

Los Angeles, United States Founded: 2019 • Age: 7 yrs Acquired By Formstack
Data security software is provided to prevent cybercrime.
Annual revenue - Latest available
Total funding $39.1M 3 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Open Raven

Open Raven is a company based in Los Angeles (United States) founded in 2019 by Dave Cole was acquired by Formstack in June 2024. Open Raven has raised $39.1 million across 3 funding rounds from investors including Signal Sciences, Kleiner Perkins and Formstack. Open Raven offers products and services including Data Security Platform, Data Security Posture Management, Data Loss Prevention, and Data Detection and Response. Open Raven operates in a competitive market with competitors including Rubrik, Tenable, Varonis, BigID and Druva, among others.

  • Headquarter Los Angeles, United States
  • Founders Dave Cole
  • Sectors
    Technology
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  • Legal Name Open Raven, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $39.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Sep 08, 2022

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Formstack

    (Jun 11, 2024)

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Products & Services of Open Raven

Open Raven offers a comprehensive portfolio of products and services, including Data Security Platform, Data Security Posture Management, Data Loss Prevention, and Data Detection and Response.

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Primary

Platform for discovering and classifying data in clouds.

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Manages data discovery and posture for IaaS and PaaS environments.

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Controls data visibility and sharing in SaaS applications.

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Monitors events to detect and respond to data attacks.

People of Open Raven

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 3
Employee Profiles
People
Mark Gable
Senior Software Engineer
People
Tylor Setzer-Wylie
Customer Success Engineer
People
Oliver Ferrigni
Director of Engineering
People
Tyler Szeto
Software Engineer

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Board Members and Advisors
people
Bucky Moore
Director
people
Jeff Kearl
Director
people
Andrew Peterson
Board Member

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Funding Insights of Open Raven

Open Raven has successfully raised a total of $39.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Open Raven

Open Raven has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Signal Sciences, Kleiner Perkins and Formstack.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
US focused early-stage VC firm
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Venture capital funding is provided to early-stage companies.
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Venture capital firm investing in early-stage tech startups
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Investor details for Open Raven

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Investments & Acquisitions by Open Raven

Investments
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Investment portfolio details for Open Raven

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Open Raven

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Detailed financials for Open Raven

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Open Raven Comparisons

Open Raven Primary company
Description
Data security software is provided to prevent cybercrime.
Location
Los Angeles, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Open Raven

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Competitors of Open Raven

Open Raven operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rubrik, Tenable, Varonis, BigID and Druva, among others.

Company Name Domain Founded year HQ Location Description
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Converged data management solutions are provided for backup and recovery.
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Predictive vulnerability assessments are delivered via cloud-based monitoring.
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Cloud-based platform for data privacy and document sharing is offered.
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Cloud-based platform for data privacy management software is provided.
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Enterprise data is protected across cloud, SaaS, and devices.
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Detailed competitors of Open Raven

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Latest news on Open Raven

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Complete news archive for Open Raven

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Frequently Asked Questions about Open Raven

Open Raven was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Open Raven is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Dave Cole is the current CEO of Open Raven. They have also founded this company.

Open Raven is a funded company, having raised a total of $39.1M across 3 funding rounds to date.

Open Raven was founded in 2019 in Los Angeles, United States, within the data security sector. Software is developed to locate stored data, protect it from threats, and notify security teams of potential exposures. Pre-built connectors and an open-source framework are included for extensibility, allowing integration into various business environments to mitigate breach risks.

Open Raven's top competitors include Rubrik, Tenable and Varonis.

Open Raven offers Data Security Platform, Data Security Posture Management, Data Loss Prevention, and Data Detection and Response.

Open Raven has 9 investors. Key investors include Signal Sciences, Kleiner Perkins, Formstack, Pelion Venture Partners, and Upfront Ventures.

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