O
Open Raven
Cloud native data security platform that discovers, classifies, monitors, and protects data stores in public clouds
About Open Raven
Open Raven is a cutting-edge startup specializing in data security, specifically focusing on data discovery and classification. Their primary product is a cloud-native software tool designed to help businesses manage and protect their data. Open Raven's platform automatically discovers data at rest, classifies it comprehensively, and takes action to prevent exposures, leaks, and breaches. This is particularly crucial for companies dealing with large volumes of data, often referred to as petabyte scale.
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The company serves a diverse range of clients, including enterprises that need to secure sensitive data and ensure compliance with various regulations. These clients operate in sectors such as finance, healthcare, and technology, where data security is paramount. Open Raven's platform helps these businesses pinpoint data security and compliance risks, apply protective measures, and streamline their response to potential incidents.
Open Raven operates in the data security market, a rapidly growing sector driven by increasing data breaches and stringent regulatory requirements. The company's business model is based on a subscription service, where clients pay for access to their software platform. This model ensures a steady revenue stream and allows Open Raven to continuously update and improve their offerings.
The company makes money by providing a comprehensive data security solution that includes real-time data discovery, classification, and automated compliance reporting. Clients benefit from the platform's ability to locate shadow or toxic data—data that is hidden or potentially harmful—and take immediate action to secure it. Additionally, Open Raven integrates seamlessly with other tools and systems, allowing for alerts, ticketing, and scanning via API (Application Programming Interface).
In summary, Open Raven is a dynamic player in the data security market, offering a robust solution for businesses to manage and protect their data. Their cloud-native platform is designed to discover, classify, and secure data, helping clients mitigate risks and ensure compliance.
Latest news
Press, funding announcements and product moves mentioning Open Raven.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2024 | $0 | — | Formstack | ↗ |
| SERIES B✓Equity / VC | Sep 2022 | $20M | $80M | Upfront Ventures · Kleiner Perkins · Pelion Venture Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Open Raven is 220 monthly website visits, down 93.1% over the last three months. Open Raven's team declined 85.7% over the past year.
Similar companies
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A2 investors entered at this stage
Kleiner Perkins
Pelion Venture Partners
Other known investors5 additional known investors
Formstack
Alayzain Rizavi
Andrew Peterson
In-Q-Tel
TGM
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Open Raven on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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