Openprise, a San Mateo, CA-based RevOps data automation platform, has secured $25 million in Series B funding.
SaaS Investors
The round was led by Morgan Stanley Expansion Capital.
Morgan Stanley Expansion Capital is a private investment platform targeting late-stage growth equity and credit investments in technology, healthcare, consumer, digital media
Openprise Use of Funds
The company will use the financing to fuel further market leadership, product expansion, talent recruitment, and sales and marketing growth.
About Openprise
Openprise is a company that provides RevOps data automation solutions. Its flagship product, the Openprise RevOps Data Automation Cloud, is purpose-built for non-programmers to integrate and unify siloed data and automate key go-to-market processes, it empowers companies to scale GTM strategies rapidly. The company's platform allows users to deliver data-driven marketing programs and deploy advanced marketing technologies such as marketing automation, account-based marketing, and predictive marketing solutions. Trusted by RevOps teams at Adobe, Broadcom, Nutanix, Rippling, Rockwell, Russell Reynolds, and Splunk.
Funding Details
Company: Openprise, Inc.
Raised: $25.0M
Round: Series B
Funding Month: March 2024
Lead Investors: Morgan Stanley Expansion Capital
Additional Investors:
Company Website: https://www.openprisetech.com/
Software Category: RevOps Data Automation Solutions
Source: Anne Marie McCallion-Return PR