The round was led by Andreessen Horowitz with participation from Formation 8, and Thrive Capital. In conjunction with the funding, Balaji S. Srinivasan, a general partner at Andreessen Horowitz, will join OpenGov’s board of directors.
The company intends to use the funds and scale the business and expand adoption of its software.
Led by CEO Zac Bookman and and Chairman Joe Lonsdale, OpenGov provides a a cloud-hosted, software-as-a-service platform that processes, analyzes, and explains and share financial data for local governments of all types and sizes to increase internal productivity platform
The company is hiring.