About OpenText
OpenText is a Professional & Legal Services company based in Denver (United States) founded in 2000, and was acquired by OpenText in January 2019. Enterprise software solutions are provided by OpenText for various industries. It operates on a SaaS (Software-as-a-Service) and Managed Services model. OpenText has raised $32 million across 1 funding round from investors including OpenText and FTV Capital. OpenText has completed 1 acquisition, including TotalDiscovery. OpenText offers products and services including OpenTextâ„¢ eDiscovery, OpenTextâ„¢ Contact Center Analytics, and OpenTextâ„¢ Aviator AI. Its focus areas include Technology, Software, Enterprise Software and Legal Services. Its legal entity is Open Text Corporation. Its competitors include Lighthouse, Kazeon Systems and Complete Discovery; 2 of its 3 listed competitors have raised funding.
Company details
OpenText is recognized for delivering enterprise software solutions across multiple sectors including legal, customer experience, and cybersecurity. Comprehensive platforms are developed to support eDiscovery, content management, and contact center analytics. AI-driven tools are integrated to enhance decision-making and operational efficiency. Services are extended to industries such as finance, healthcare, and retail. Innovative technologies are utilized to address compliance, data security, and customer satisfaction needs. Solutions are tailored for both cloud and on-premises environments.
- Headquarters Denver, United States
- Stage Acquired
- SectorsProfessional & Legal Services
- Phone•••• ••••
- Website catalystsecure.com
- Social LinkedIn X YouTube
- Acquired by OpenText (Jan 2019)
- Legal Name Open Text Corporation
Products & Services of OpenText
OpenText offers a comprehensive portfolio of products and services, including OpenText™ eDiscovery, OpenText™ Contact Center Analytics, and OpenText™ Aviator AI.
AI-driven eDiscovery is provided for faster legal processes.
Customer interactions are analyzed for improved service quality.
AI solutions are offered for business data insights.
Apps and channels of OpenText
its YouTube channel OpenText has 12.3K subscribers and 30 videos.
Videos from OpenText
The most watched videos on OpenText's YouTube channel, OpenText (12.3K subscribers). Click a video to play it here.
More on OpenText.
Funding Insights of OpenText
OpenText has successfully raised a total of $32M through 1 strategic funding round. The most recent funding activity was a Series B round of $32 million completed in April 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 $32M
- Total Rounds 1
- Last Round Series B — $32M
- First Round $32M
(Apr 2012)
- Investors Count 1
All 1 funding rounds of OpenText 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 |
|---|---|---|---|---|---|
| Apr 2012 | $32M | Series B | – | FTV Capital | – |
2 investors in total: 2 institutional.
Investors in OpenText
OpenText has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include OpenText and FTV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | ftvcapital.com | San Francisco, United States | ||
Cloud-based enterprise information management and GRC solutions are provided. | 1991 | opentext.com | Waterloo, Canada |
Investor details for OpenText
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Investments & Acquisitions by OpenText
OpenText has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TotalDiscovery.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Legal e-discovery and document management solutions are offered. | totaldiscovery.com | New York, United States | 2011 | Apr 2018 | •••• |
Complete acquisition details for OpenText
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Timeline of OpenText
4 dated milestones of OpenText across 19 years, from founding to its latest funding, stage changes and deals.
- Founded OpenText is founded.
- Funding First funding round of $32.0M.
- Acquisition Acquires TotalDiscovery.
- Exit Acquired by OpenText.
Competitors of OpenText
OpenText has 3 listed competitors in our database, 2 of them funded. They include Lighthouse, Kazeon Systems and Complete Discovery.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lighthouseglobal.com | 1995 | Seattle, United States | $34.9M | 31 | Lighthouse is recognized for providing eDiscovery and AI-driven legal solutions. | |
| kazeon.com | 2003 | Mountain View, United States | $46M | 77 | Legal e-discovery and information management services are offered. | |
| cdslegal.com | 2005 | New York, United States | 201 | Offers eDiscovery, litigation support, data hosting, and managed services for legal matters worldwide. |
Detailed competitors of OpenText
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Web traffic of OpenText
Websites that share an audience with OpenText (catalystsecure.com).
Websites whose visitors overlap most with OpenText. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| exterro.com | 100% | 116.9K | #314,524 | View details | |
adamsmithesq.com | adamsmithesq.com | 80% | #5,659,164 | – | |
| epiqsystems.com | 75% | 4.2K | #2,117,746 | View details | |
e-discoveryteam.com | e-discoveryteam.com | 72% | #3,922,201 | – | |
insight.catalystapps.com | insight.catalystapps.com | 72% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for OpenText
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Top companies in Legal Tech
3 companies that operate in the same segment as OpenText (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | |||
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 |
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Related news about Opentext
Complete news archive for OpenText
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Frequently Asked Questions about OpenText
OpenText was founded in 2000 and raised its 1st funding round 12 years after it was founded.
OpenText is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
OpenText is a funded company, having raised a total of $32M across 1 funding round to date. The company's 1st funding round was a Series B of $32M, raised on Apr 2012.
OpenText is recognized for delivering enterprise software solutions across multiple sectors including legal, customer experience, and cybersecurity. Comprehensive platforms are developed to support eDiscovery, content management, and contact center analytics. AI-driven tools are integrated to enhance decision-making and operational efficiency. Services are extended to industries such as finance, healthcare, and retail. Innovative technologies are utilized to address compliance, data security, and customer satisfaction needs. Solutions are tailored for both cloud and on-premises environments.
OpenText's top competitors include Lighthouse, Kazeon Systems and Complete Discovery.
OpenText offers OpenTextâ„¢ eDiscovery, OpenTextâ„¢ Contact Center Analytics, and OpenTextâ„¢ Aviator AI.
OpenText has made 1 acquisition, including TotalDiscovery.
OpenText has 2 investors. Key investors include OpenText, and FTV Capital.
OpenText operates through Open Text Corporation.
Yes. OpenText was acquired by OpenText in January 2019.