Tech Company Financing Transactions
Openpath Funding Round
Openpath, based in Culver City, secured $36 million from Greycroft Partners, Allegion Ventures and LPC Ventures.
Transaction Overview
Company Name
Announced On
7/17/2020
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Series C
Investors
Greycroft Partners (Lead Investor) (Mark Terbeek)
Okta (Monty Gray)
Proceeds Purpose
The new round is being used to accelerate Openpath's product engineering, hardware and software development, and will support Openpath's expanding client-base across new verticals, as their core safety platform for the built world continues to gain traction in the U.S. and internationally.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
600 Corporate Pointe 400
Culver City, CA 90230
USA
Culver City, CA 90230
USA
Phone
Website
Email Address
Overview
Our story started when we noticed how much was missing from the keyless entry experience. What was out there didn't work well, didn't look good, and was overpriced. The moment we went all-in on creating a new standard for the industry, we knew we were on to something big.
Management Team
Title
Name
Email & Social
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