# Open Raven

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/open-raven

- Industry: IT Security/Cybersecurity
- Headquarters: Los Angeles, US
- Website: www.openraven.com
- Total disclosed funding: $39M
- Latest round: Series B (Dec 17, 2021)
- Investors on record: 3

## About

Based in California, US, and founded in 2019 by CEO Dave Cole, Open Raven, Inc., a.k.a. Open Raven operates as a data management and security company that focuses on providing a data protection platform, enabling users to visualize assets, pinpoint data stores in the cloud, manage data from a single location, create and maintain a catalog of organizational data, receive queries, and receive real-time alerts to prevent data breaches. In June 2024, Formstack, LLC, a portfolio company of PSG Equity and Silversmith Capital Partners, acquired Open Raven, Inc. from Upfront Ventures, Pelion Venture Partners, and Kleiner Perkins.

Open Raven offers a comprehensive data security platform designed for IaaS, PaaS, and SaaS environments. The platform provides multi-cloud data discovery, classification, and posture management, ensuring that sensitive data is identified, managed, and protected across various cloud services. The platform’s key features include data loss prevention, data detection and response, and automated data discovery. Open Raven enables organizations to monitor data events, detect abnormal behavior, and respond quickly to potential attacks. The platform also facilitates compliance with regulations by streamlining the management of sensitive data, ensuring privacy, and providing actionable analytics to measure and improve data security posture.

## Funding rounds

- Series B, Dec 17, 2021, $20M — Kleiner Perkins, Upfront, Pelion Venture Partners
- Series A, Jun 16, 2020, $15M — Kleiner Perkins, Upfront
- Seed, Feb 11, 2020, $4.1M — Upfront

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed, Series A, Series B
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series B