USA – Open Raven, a Los Angeles, CA-based data security posture management company, raised $20M in Series B funding.
The round, which increases Open Raven’s total funding to date to $40m, was led by Pelion Ventures with participation from Kleiner Perkins and Upfront Ventures. In conjunction with the funding, Jeff Kearl, Partner at Pelion, joined Open Raven’s Board of Directors along with Seksom Suriyapa from Upfront Ventures.The company intends to use the funds to make additional investments in engineering, sales, and marketing to accelerate their roadmap and expand support for their increasing portfolio of large enterprises. Led by CEO Dave Cole, Open Raven provides a the data security posture management platform that enables enterprises to prevent leaks, breaches, and compliance incidents. Already, this month, the company released new data intelligence capabilities including structured data classification and a new set of APIs for both pulling data and triggering scans. Also, earlier this year, Open Raven joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program to co-sell with AWS field sellers globally.08/09/2022
