Openpath Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 85

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $298M

Openpath General Information

Description

Developer of access control system designed to bring frictionless access and good security at the workplace. The company's product combines sleek hardware with an application and encryption at every level and powerful, user-level permissions, enabling employees to enter the office using their smartphones and making office management easier.

Contact Information

Website
www.openpath.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 600 Corporate Pointe
  • Suite 400
  • Culver City, CA 90230
  • United States
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Commercial Products
Business/Productivity Software
Acquirer
Motorola Solutions
Vertical(s)
CloudTech & DevOps
Corporate Office
  • 600 Corporate Pointe
  • Suite 400
  • Culver City, CA 90230
  • United States

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Openpath Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 15-Jul-2021 $298M Completed Generating Revenue
3. Later Stage VC (Series C) 16-Jul-2020 Completed Generating Revenue
2. Early Stage VC (Series B) 17-Jul-2018 $20M $27M Completed Generating Revenue
1. Early Stage VC (Series A1) 22-May-2018 $7M $7M Completed Generating Revenue
To view Openpath’s complete valuation and funding history, request access »

Openpath Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-1
Series A
To view Openpath’s complete cap table history, request access »

Openpath Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of access control system designed to bring frictionless access and good security at the workplace. The company
Electronic Equipment and Instruments
Culver City, CA
85 As of 2021

San Francisco, CA
 

New York, NY
 
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Openpath Competitors (11)

One of Openpath’s 11 competitors is Swiftlane, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Swiftlane Venture Capital-Backed San Francisco, CA
Kisi Venture Capital-Backed New York, NY
Nexkey Venture Capital-Backed Addison, TX
UniKey Venture Capital-Backed Orlando, FL
AMAG Technology Private Equity-Backed Hawthorne, CA
You’re viewing 5 of 11 competitors. Get the full list »

Openpath Patents

  • 33

    Total Documents Applications and Grants

  • Total Patents Families

  • 32

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Openpath Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260065247-A1 Methods and systems for seamless integration of payment processing into e-commerce platforms Pending 28-Aug-2024
US-11516665-B2 Secure authorization via a dynamic interface on a visitor device Active 18-May-2020
US-20210360403-A1 Secure authorization via a dynamic interface on a visitor device Active 18-May-2020
US-10674365-B1 Systems and methods for preventing relay attacks Active 26-Sep-2019
US-10976377-B2 Connection detection based on cable capacitance Active 14-Aug-2019 G01R31/69
To view Openpath’s complete patent history, request access »

Openpath Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Openpath Former Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Allegion Ventures Corporate Venture Capital Minority
Bonfire Ventures Venture Capital Minority
Bryant Stibel Growth/Expansion Minority
Cerity Partners Ventures Corporate Venture Capital Minority
Emergence Equity Management Venture Capital Minority
You’re viewing 5 of 13 investors. Get the full list »

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Openpath FAQs

  • When was Openpath founded?

    Openpath was founded in 2016.

  • Where is Openpath headquartered?

    Openpath is headquartered in Culver City, CA.

  • What is the size of Openpath?

    Openpath has 85 total employees.

  • What industry is Openpath in?

    Openpath’s primary industry is Electronic Equipment and Instruments.

  • Is Openpath a private or public company?

    Openpath is a Private company.

  • What is the current valuation of Openpath?

    The current valuation of Openpath is .

  • What is Openpath’s current revenue?

    The current revenue for Openpath is .

  • How much funding has Openpath raised over time?

    Openpath has raised $63M.

  • Who are Openpath’s investors?

    Allegion Ventures, Bonfire Ventures, Bryant Stibel, Cerity Partners Ventures, and Emergence Equity Management are 5 of 13 investors who have invested in Openpath.

  • Who are Openpath’s competitors?

    Swiftlane, Kisi, Nexkey, UniKey, and AMAG Technology are some of the 11 competitors of Openpath.

  • When was Openpath acquired?

    Openpath was acquired on 15-Jul-2021.

  • Who acquired Openpath?

    Openpath was acquired by Motorola Solutions.

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