OpenView Invests $570M in Business Software Startups During Seventh Funding

OpenView has recently completed its seventh funding of about $570 million which will be invested in the growing software startups. Its latest funding is almost 25% more than the firm’s sixth funding and biggest till date. This will enable OpenView to support several entrepreneurs during the current macroeconomic climate.

OpenView will be focusing on its expansion for venture capital investments in several business software companies. The firm on a global level invests in software categories like infrastructure, cybersecurity, vertical software, etc.

Since its inception back in 2006, this venture capital firm has got funding of almost $2.4 billion inclusive of total seven funding. During this period, it collaborated with 60+ companies that includes Datadog, Axonius, UserTesting, and Workfr to name a few.

The firm is led by Scott Maxwell, Mackey Craven, and Blake Bartlett, with several partners that joined the organization during the sixth funding. All of them are focusing on enhancing people’s working lives through supporting business software companies that are working towards the people’s welfare.

OpenView has started investing out of the seventh funding and planning to partner and support next generation software start-ups who are in their growing phase.

Varsha

Varsha is a dedicated content writer at Techjockey. She has one+ year of experience in tech industry writing. She has a background in literature and wrote in multiple niches including technology, automobile, interior designing, and more. Her writing style is persuasive, descriptive and helps organizations to engage better with their target audience and boost their sales.

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