About OpenText Cybersecurity
OpenText Cybersecurity is a Technology company based in Seattle (United States) founded in 2005, and was acquired by Carbonite in August 2017. Cloud backup and recovery solutions are offered for mobile workforces. It operates on a SaaS (Software-as-a-Service) and Managed Services model. OpenText Cybersecurity has raised $13.3 million across 5 funding rounds from investors including Carbonite and Talu Ventures. The company was acqui-hired. OpenText Cybersecurity offers products and services including Threat Prevention and Detection, Email Security, Data Backup and Recovery, and Continuity and Compliance. Its focus areas include Cybersecurity, Threat Protection and Data Backup. Its legal entity is Open Text Corporation. Its competitors include Veeam, Rubrik and Cohesity; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Seattle, United States
- Stage Acquired
- SectorsTechnology
- Website datacastlered.com
- Social LinkedIn X Facebook
- Acquired by Carbonite (Aug 2017)
- Legal Name Open Text Corporation
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.
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 $13.3M
- Total Rounds 5
- Last Round Series A — $3M
- First Round $5.3M
(Nov 2008)
- Investors Count 1
All 5 funding rounds of OpenText Cybersecurity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2012 | $3M | Series A | – | – | |
| May 2012 | $1.2M | Debt – Conventional | – | – | – |
| Feb 2011 | $2M | Series A | – | Talu Ventures | – |
| Nov 2009 | $3M | Series A | – | Talu Ventures | – |
| Nov 2008 | $5.3M | Series A | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investments are managed by Talu Ventures for institutions. | taluventures.com | Brisbane, Australia | ||
Cloud and hybrid backup solutions are offered for small businesses. | 2005 | carbonite.com | Boston, United States |
Investor details for OpenText Cybersecurity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of OpenText Cybersecurity
4 dated milestones of OpenText Cybersecurity across 12 years, from founding to its latest funding, stage changes and deals.
- Founded OpenText Cybersecurity is founded.
- Funding First funding round of $5.3M.
- Funding Latest funding round, Series A, of $3.0M.
- Exit Acquired by Carbonite.
Competitors of OpenText Cybersecurity
OpenText Cybersecurity has 3 listed competitors in our database, 3 of them funded. They include Veeam, Rubrik and Cohesity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. | |
| cohesity.com | 2013 | San Jose, United States | $810M | Cloud and AI based enterprise data backup and management solutions |
Detailed competitors of OpenText Cybersecurity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
3 companies that operate in the same segment as OpenText Cybersecurity (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about OpenText Cybersecurity
OpenText Cybersecurity was founded in 2005 and raised its 1st funding round 3 years after it was founded.
OpenText Cybersecurity is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 $5.3M, raised on Nov 2008.
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.
OpenText Cybersecurity offers Threat Prevention and Detection, Email Security, Data Backup and Recovery, and Continuity and Compliance.
OpenText Cybersecurity has 2 investors. Key investors include Carbonite, and Talu Ventures.
OpenText Cybersecurity operates through Open Text Corporation.
Yes. OpenText Cybersecurity was acquired by Carbonite in August 2017.