OpenText Cybersecurity

Seattle, United States Founded: 2005 • Age: 21 yrs Acquired By Carbonite
Cloud backup and recovery solutions are offered for mobile workforces.
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About OpenText Cybersecurity

OpenText Cybersecurity is a company based in Seattle (United States) founded in 2005 was acquired by Carbonite in August 2017. It operates as a SaaS (Software-as-a-Service), and Managed Services. OpenText Cybersecurity has raised $13.3 million across 5 funding rounds from investors including Carbonite and Talu Ventures. OpenText Cybersecurity offers products and services including Threat Prevention and Detection, Email Security, Data Backup and Recovery, and Continuity and Compliance. OpenText Cybersecurity operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.

  • Headquarter Seattle, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Open Text Corporation
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.3 M (USD)

    in 5 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Dec 03, 2012

  • Investors
    Carbonite

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Carbonite

    (Aug 14, 2017)

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Products & Services of OpenText Cybersecurity

OpenText Cybersecurity offers a comprehensive portfolio of products and services, including Threat Prevention and Detection, Email Security, Data Backup and Recovery, and Continuity and Compliance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Solutions for detecting and preventing cyber threats effectively.

Protection for email systems against threats and breaches.

Services for data backup and disaster recovery solutions.

Tools ensuring business continuity and regulatory compliance adherence.

Funding Insights of OpenText Cybersecurity

OpenText Cybersecurity has successfully raised a total of $13.3M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in December 2012. 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.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $3.0M
  • First Round

    (19 Nov 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2012 Amount Series A - OpenText Cybersecurity Valuation

investors

May, 2012 Amount Debt – Conventional - OpenText Cybersecurity Valuation

investors

Feb, 2011 Amount Series A - OpenText Cybersecurity Valuation Talu Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in OpenText Cybersecurity

OpenText Cybersecurity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Carbonite and Talu Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Technology investments are managed by Talu Ventures for institutions.
Founded Year Domain Location
Cloud and hybrid backup solutions are offered for small businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by OpenText Cybersecurity

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - OpenText Cybersecurity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Opentext Cybersecurity Comparisons

Employees
+
Add Comparison
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Competitors of OpenText Cybersecurity

OpenText Cybersecurity 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 Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based enterprise management solutions including backup and recovery are provided.
domain founded_year HQ Location
IT backup and recovery solutions are provided via cloud platform.
domain founded_year HQ Location
Converged data management solutions are provided for backup and recovery.
domain founded_year HQ Location
Cloud and AI based enterprise data backup and management solutions
domain founded_year HQ Location
Cloud based platform offering data backup and recovery solutions
domain founded_year HQ Location
Cloud-based environments are delivered for application development and testing.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Opentext Cybersecurity

Frequently Asked Questions about OpenText Cybersecurity

When was OpenText Cybersecurity founded?

OpenText Cybersecurity was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Where is OpenText Cybersecurity located?

OpenText Cybersecurity is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is OpenText Cybersecurity a funded company?

OpenText Cybersecurity is a funded company, having raised a total of $13.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Nov 19, 2008.

What does OpenText Cybersecurity do?

OpenText Cybersecurity is recognized for delivering comprehensive cybersecurity solutions. Services are provided across threat prevention, email security, data backup, and compliance. Solutions are designed to protect people, data, and systems seamlessly. The company supports various sectors including managed service providers and internal IT departments. Advanced AI-driven tools are utilized for real-time threat detection and response. Over 30 years of IT heritage are leveraged to ensure expert support and intuitive user experiences. Partnerships with Microsoft and Azure are maintained to enhance cloud and modern work security solutions.

Who are the top competitors of OpenText Cybersecurity?

OpenText Cybersecurity's top competitors include Acronis, Rubrik and Veeam.

What products or services does OpenText Cybersecurity offer?

OpenText Cybersecurity offers Threat Prevention and Detection, Email Security, Data Backup and Recovery, and Continuity and Compliance.

Who are OpenText Cybersecurity's investors?

OpenText Cybersecurity has 2 investors. Key investors include Carbonite, and Talu Ventures.

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