Open Raven

Open Raven

Cloud native data security platform that discovers, classifies, monitors, and protects data stores in public clouds. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€73—109m (Dealroom.co estimates Sep 2022.)
Bellflower California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues2.5m3.9m4.4m4.4m
% growth-56 %13 %-
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DateInvestorsAmountRound
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N/A

-
*

$4.1m

Seed

$15.0m

Series A
*

$20.0m

Series B
*

N/A

Acquisition
Total Funding€35.5m

Recent News about Open Raven

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More about Open Raveninfo icon
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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.

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.

Keywords: Data Security, Cloud-Native, Data Discovery, Data Classification, Compliance, Risk Management, Data Protection, Automated Reporting, Enterprise Solutions, API Integration.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.