Open Raven Raises $15M in Series A Funding

open raven

Open Raven, a Los Angeles, CA-based cloud native data security platform that prevents breaches driven by modern speed and sprawl, raised $15m in Series A funding.

The round, which brought total funding to $19.1m, was led by Kleiner Perkins with participation from existing investors including Upfront Ventures. In addition, Bucky Moore, partner at Kleiner Perkins, joins the Open Raven board of directors.

The company intends to use the funds to accelerate growth through expansion of key functions including engineering, customer support, sales and marketing.

Led by Dave Cole, co-founder and CEO, Open Raven has launched its platform that delivers real-time data leak monitoring to proactively uncover cloud data exposure problems before they become security incidents. The system identifies at-risk data, locates unknown data and shows every AWS account and asset from every angle in a global 3D map, making it easy for security teams to see and prevent data mishaps and maintain compliance. Open Raven is designed to fit into an enterprise’s environment and deploys into its cloud with direct access to the data model via GraphQL. Since emerging from stealth in February 2020, the preview edition of the Open Raven platform has been deployed at numerous global organizations across industries, including automotive, gaming, financial technology and software.

FinSMEs

16/06/2020

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