Cloud Security

Data Security Company Open Raven Raises $20 Million

Data security firm Open Raven today announced that it has raised $20 million in a Series B funding round that brings the total amount raised by the company to $40 million.

Ionut Arghire

September 8, 2022

Data security firm Open Raven today announced that it has raised $20 million in a Series B funding round that brings the total amount raised by the company to $40 million.

The new investment round was led by Pelion Venture Partners, with existing investors Kleiner Perkins and Upfront Ventures also participating.

Founded in 2019 by Crowdstrike and Microsoft alums, the Los Angeles-based company emerged from stealth in February 2020 to provide data security tools designed to prevent leaks, breaches, and compliance issues.

Open Raven says its solutions help companies inventory data stores, classify data, and identify sensitive and regulated data to pinpoint security and compliance risks and apply protections. The platform can also identify developer secrets in Git repositories.

The cloud-native data security company plans to use the new funding to expand its engineering, sales, and marketing operations, to accelerate roadmap and support for large enterprises.

Written By Ionut Arghire

Ionut Arghire is an international correspondent for SecurityWeek.

Latest News

Click to comment

Mapping Threat Intelligence to the NIST Compliance Framework Part 2

How threat intelligence is critical when justifying budget for GRC personnel, and for threat intelligence, incident response, security operations and CISO buyers.

Landon Winkelvoss

Password Dependency: How to Break the Cycle

Hackers rarely hack in anymore. They log in using stolen, weak, default, or otherwise compromised credentials. That’s why it’s so critical to break the password dependency cycle. But how can this be done?

Torsten George

Why CISOs Make Great Board Members

Cybersecurity-related risk is a top concern, so boards need to know they have the proper oversight in place. Even as first-timers, successful CISOs make for successful board members.

Galina Antova

A Change in Mindset: From a Threat-based to Risk-based Approach to Security

A threat-based approach to security often focuses on a checklist to meet industry requirements but overlooked the key component of security: reducing risk.

Marie Hattar

Secrets to a Good Security Webinar or Conference Presentation

Tips for making a presentation that will help improve the state of security programs and reflect favorably on the presenters and their companies

Joshua Goldfarb

Application Security

Source Code Security Firm Cycode Launches With $4.6 Million in Funding

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Eduard KovacsSeptember 24, 2019

Cloud Security

VMware Plugs Critical Code Execution Flaws

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

Ryan Naraine2 days ago

Funding/M&A

Thoma Bravo to Buy Magnet Forensics in $1.3B Transaction

Thoma Bravo will spend $1.3 billion to acquire Canadian software firm Magnet Forensics, expanding a push into the lucrative cybersecurity business.

Ryan Naraine3 days ago

Application Security

CSRF Vulnerability in Kudu SCM Allowed Code Execution in Azure Services

A CSRF vulnerability in the source control management (SCM) service Kudu could be exploited to achieve remote code execution in multiple Azure services.

Ionut ArghireJanuary 19, 2023