OpenGov, a San Francisco, CA-based cloud software company, received a majority investment from Cox Enterprises.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and development efforts.
Led by CEO Zac Bookman, OpenGov specializes in modern cloud software for cities, counties, state agencies, and special districts to manage budgeting and planning, accounting, permitting and licensing, procurement, and assets. Its cloud empowers organizations to operate efficiently, adapt to change, and strengthen trust with the communities they serve.
Commenting on the news, Zac Bookman said: “With this investment, one of the largest in GovTech history, we intend to accelerate product development, advance our mission, and improve communities for generations.”
FinSMEs
27/02/2024