OpenGov announces $30 million in funding
lterrat's bookmarks 2017-05-17
Summary:
"Government transparency and performance management software company OpenGov announced Tuesday the acquisition of $30 million in Series C funding, making for a total of $75 million raised by the company since its founding in 2012.
The new round of funding was led by the Emerson Collective, a social impact organization established by Laurene Powell Jobs. OpenGov, which now works with more than 1,500 government entities in the U.S., reports it has doubled its customer base since last year. The Silicon Valley company's growth rides a rising trend in the public-sector technology space toward increased civic engagement, government transparency and open data.
The company will use the funding to continue supporting products like its Smart Government Cloud, said Michael Schanker, head of marketing at OpenGov."