About OpenText
OpenText is a company based in Maynard (United States) founded in 1995 was acquired by Novell in February 2008. It operates as a SaaS (Software-as-a-Service), and Managed Services. OpenText offers products and services including OpenText™ Aviator AI, OpenText™ Content Cloud, and OpenText™ Cybersecurity Cloud. OpenText operates in a competitive market with competitors including Notion, Smartsheet, Trello, BigTime and Anaplan, among others.
- Headquarter Maynard, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Open Text Corporation
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Products & Services of OpenText
OpenText offers a comprehensive portfolio of products and services, including OpenText™ Aviator AI, OpenText™ Content Cloud, and OpenText™ Cybersecurity Cloud. 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.
AI solutions are provided for business data insights.
Content management solutions are offered for document organization.
Cybersecurity tools are delivered for threat detection protection.
Funding Insights of OpenText
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in OpenText
OpenText has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Novell. 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.
| Investor | Description | Founded Year | Domain | Location |
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Enterprise software solutions for productivity and security are delivered.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by OpenText
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OpenText
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Opentext Comparisons
Competitors of OpenText
OpenText 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 Notion, Smartsheet, Trello, BigTime and Anaplan, 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 |
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| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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Cloud based suite solutions for enterprise project management
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Projects are managed through cloud-based boards and automation tools.
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| domain | founded_year | HQ Location |
Cloud-based time tracking software is offered by BigTime.
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Operational planning and forecasting solutions are offered to businesses.
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Platform offering customer onboarding and project management solutions for professional services teams
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about OpenText
When was OpenText founded?
OpenText was founded in 1995.
Where is OpenText located?
OpenText is headquartered in Maynard, United States. It is registered at Maynard, Massachusetts, United States.
What does OpenText do?
OpenText is established as a prominent provider of information management software, catering to diverse industries such as healthcare, energy, manufacturing, and the public sector. Solutions are offered in cloud-based platforms, cybersecurity, AI tools, and content management systems. Businesses, ranging from enterprises to small and medium-sized entities, are supported in organizing and managing information effectively. Various sectors are served with transformative tools to enhance operational efficiency and data security. Integration with major enterprise applications like SAP, Microsoft, and Salesforce is facilitated to ensure seamless workflows.
Who are the top competitors of OpenText?
OpenText's top competitors include Smartsheet, Trello and BigTime.
What products or services does OpenText offer?
OpenText offers OpenText™ Aviator AI, OpenText™ Content Cloud, and OpenText™ Cybersecurity Cloud.
Who are OpenText's investors?
OpenText has 1 investor. Key investors include Novell.
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