OpenSpan

SoftwareSeries CAlpharetta, USopenspan.com

Latest round

Series C

Last raised

Jul 2008

Total raised

$25M

Investors

6

About OpenSpan

OpenSpan focuses on automation technology, providing tools that enable organizations to optimize their operations. Founded by Stephen Beckett, the company is headquartered in Alpharetta, US. In April 2016, OpenSpan was acquired by Pegasystems for an undisclosed amount.OpenSpan is known for its robust automation solutions that facilitate both attended and unattended robotic process automation (RPA). These solutions are designed to help organizations automate repetitive tasks, integrate workflows, and improve productivity. The company targets a range of applications, including enhancing customer service and optimizing legacy system processes. Its clients include major enterprises like Starbucks, which have realized significant operational improvements since implementing OpenSpan's offerings.OpenSpan generates revenue through software subscriptions, professional services, and support agreements. Clients typically engage with the company via direct sales channels, entering into multi-year subscription agreements for their RPA solutions.OpenSpan is strategically focused on expanding its product offerings and geographic reach. The company plans to introduce new products designed to enhance automation capabilities further, although specific release dates are not disclosed.

Who invested in OpenSpan

6 investors across 3 rounds

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Funding rounds

  1. Series C

    Jul 7, 2008

    Amount

    $16M

    Investors

    Locked

  2. Series B

    Nov 22, 2006

    Amount

    $8M

    Investors

    Locked

  3. Series A

    Jun 17, 2005

    Amount

    $1M

    Investors

    Locked

Questions about OpenSpan

Who invested in OpenSpan?

OpenSpan has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OpenSpan raised?

OpenSpan has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did OpenSpan last raise money?

OpenSpan's most recent round on record is a Series C, in Jul 2008.

What does OpenSpan do?

OpenSpan focuses on automation technology, providing tools that enable organizations to optimize their operations.

Where is OpenSpan headquartered?

OpenSpan is headquartered in Alpharetta, US.

Which VCs invest in companies like OpenSpan?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at OpenSpan's stage. Their profiles are linked below.

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