About otto
otto is a company based in Memphis (United States) founded in 2017 by Josh Summitt, Casey Hester, and Maggie Louie.. otto has raised $280.28 million across 2 funding rounds from investors including Coatue. otto operates in a competitive market with competitors including c/side, Source Defense and Sandworm, among others.
- Headquarter Memphis, United States
- Founders Josh Summitt, Casey Hester, Maggie Louie
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$280.28 M (USD)
in 2 rounds
-
Latest Funding Round
$280.21 M (USD), Series D
Aug 04, 2017
- Investors
-
Employee Count
Employee Count
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
Unlock access to complete
Unlock access to complete
Funding Insights of otto
otto has successfully raised a total of $280.28M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $280.21 million completed in August 2017. 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 Funding
- Total Rounds 2
- Last Round Series D — $280.2M
-
First Round
First Round
(01 May 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series D - otto | Valuation |
investors |
|
| May, 2017 | Amount | Seed - otto | Valuation |
investors |
|
| 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 otto
otto has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Coatue. 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 |
|---|---|---|---|---|
|
Provider of an investment platform for various stages
|
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 otto
| 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 - otto
| 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 |
Otto Comparisons
Competitors of otto
otto 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 c/side, Source Defense and Sandworm, 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 monitoring and securing of third-party scripts are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based security against client-side malware in web applications is enforced.
|
|
| domain | founded_year | HQ Location |
Offers open-source tools for securing JavaScript audits.
|
| 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 Otto
Frequently Asked Questions about otto
When was otto founded?
otto was founded in 2017.
Where is otto located?
otto is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Who is the current CEO of otto?
Maggie Louie is the current CEO of otto. They have also founded this company.
Is otto a funded company?
otto is a funded company, having raised a total of $280.28M across 2 funding rounds to date. The company's 1st funding round was a Seed of $68.75K, raised on May 01, 2017.
What does otto do?
Founded in 2017 and based in Memphis, United States, the company operates in the web security sector. A platform is provided to control, manage, monitor, and protect third-party code applications on websites. Services encompass live in-browser testing, compatibility across multiple browsers, integration with various technology stacks, and real-time safeguards for advertisements, iFrames, and tags. Operations focus on enhancing website security through these specialized tools.
Who are the top competitors of otto?
otto's top competitors include c/side, Source Defense and Sandworm.
Who are otto's investors?
otto has 1 investor. Key investors include Coatue.