About Openpath
Openpath is a company based in Culver City (United States) founded in 2016 by Rob Peters, Phil Goldsmith, Alex Kazerani, and James Segil was acquired by Motorola Solutions in July 2021. Openpath has raised $63 million across 5 funding rounds from investors including Motorola Solutions, Allegion and Greycroft. Openpath operates in a competitive market with competitors including Brivo, Spintly, i-Sprint, Doordeck and iLOQ, among others.
- Headquarter Culver City, United States
- Founders Rob Peters, Phil Goldsmith, Alex Kazerani, James Segil
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Openpath Security Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$63 M (USD)
in 5 rounds
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Latest Funding Round
$36 M (USD), Series C
Jul 16, 2020
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Investors
Motorola Solutions
& 11 more
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Employee Count
Not available
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Acquired by
Motorola Solutions
(Jul 13, 2021)
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People of Openpath
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Software Development Team
246 people
Sales and Marketing
125 people
Product Management Team
84 people
Leadership Team
72 people
Senior Team
38 people
Finance and Accounting
26 people
Human Resources and Administration
23 people
Legal and Compliance
19 people
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Funding Insights of Openpath
Openpath has successfully raised a total of $63M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $36 million completed in July 2020. 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 Openpath
Openpath has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions, Allegion and Greycroft.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Tech focused Early and growth stage VC firm investing in the US
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Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
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Investor details for Openpath
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Investments & Acquisitions by Openpath
Investment portfolio details for Openpath
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Financial Statements - Openpath
Detailed financials for Openpath
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Openpath Comparisons
Peer comparison for Openpath
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- Named peers
- Headcount comparison
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Competitors of Openpath
Openpath 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 Brivo, Spintly, i-Sprint, Doordeck and iLOQ, among others.
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Developer of AI and cloud-based integrated access control systems
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Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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Cloud-based authentication solutions are offered through an online platform.
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Cloud-based access control systems are provided for electronic locks.
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Battery-free smart lock systems are developed for secure access management.
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Detailed competitors of Openpath
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Latest news on Openpath
Complete news archive for Openpath
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Frequently Asked Questions about Openpath
Openpath was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Openpath is headquartered in Culver City, United States. It is registered at Culver City, California, United States.
Alex Kazerani is the current CEO of Openpath. They have also founded this company.
Openpath is a funded company, having raised a total of $63M across 5 funding rounds to date.
Openpath provides a mobile-enabled cloud-based access control system with commercial-grade keyless entry and remote management solutions. RFID Card Reader and Bluetooth Ready readers for complete door access control that supports mobile phone credentials, badge and key card credentials, fobs and access PIN codes. It provides solutions such as real-time reporting, zone sharing, scheduled locking, and remote access. The application is available in Google Play Store and Apple App Store. Invia Robotics, First Media, Team Liquid, Wonder are part of its clientele.
Openpath has 12 investors. Key investors include Motorola Solutions, Allegion, Greycroft, LPC Ventures, and SENTRE.