OpenView

Extracted Attributes

• Founded

  2006

• Industry

  Venture Capital and Private Equity

• Latest Fund

  Fund VII ($570 million raised in 2023)

• Headquarters

  Boston, Massachusetts, USA

• Employee Count

  11-50 (prior to December 2023 layoffs)

• Investment Stage

  Expansion-stage business software

• Notable Investment

  Datadog

• Total Assets Under Management

  $2.4 billion

Timeline

• OpenView was founded in Boston to focus on expansion-stage software investments. (Source: Axios)

  2006-01-01

• OpenView raised $570 million for its seventh fund (Fund VII). (Source: Axios)

  2023-03-01

• Partner Ricky Pelletier left the firm. (Source: Axios)

  2023-04-01

• OpenView notified Limited Partners (LPs) that it would provide a new strategic plan and suspend new investments. (Source: Axios)

  2023-12-05

• Public reports confirmed OpenView suspended new investing and laid off most of its employees. (Source: Axios)

  2023-12-06

HP OpenView

HP OpenView is the former name for a Hewlett-Packard product family that consisted of network and systems management products. In 2007, HP OpenView was rebranded as HP BTO (Business Technology Optimization) Software when it became part of the HP Software Division. The products were available as various HP products, marketed through the HP Software Division. HP Software became part of HPE after the HP/HPE split and HPE Software was eventually sold to MicroFocus. HP OpenView software provided large-scale system and network management of an organization's IT infrastructure. It included optional modules from HP as well as third-party management software, which connected within a common framework and communicated with one another.

Web Search Results

• OpenView - LinkedIn

  OpenView is a venture capital firm on a mission to change the way the world works. OpenView invests globally in business software companies at the expansion stage – where companies have found early product-market fit and are ready to scale. Pre- and post-investment, OpenView’s Expansion team has the operational expertise to work with companies on sales, marketing, product-led growth, pricing, talent, corporate development and other initiatives. Founded in 2006 and headquartered in Boston with a [...] presence in New York City and Los Angeles, OpenView has $2.4B in total assets under management and is actively investing out of its seventh fund, a $570M vehicle raised in 2023. [...] # OpenView We partner with founders to change the way the world works. Venture Capital and Private Equity Principals • Boston, MA • 34,816 followers • 11-50 employees

• HP OpenView - Wikipedia

  HP OpenView is the former name for a Hewlett-Packard product family that consisted of network and systems management products. In 2007, HP OpenView was rebranded as HP BTO (Business Technology Optimization) Software when it became part of the HP Software Division. The products were available as various HP products, marketed through the HP Software Division. HP Software became part of HPE after the HP/HPE split and HPE Software was eventually sold to MicroFocus. [...] The foundational OpenView product was Network Node Manager (NNM), network monitoring software based on SNMP. NNM was used to manage networks and could be used in conjunction with other management software, such as CiscoWorks. [...] ## User Groups [edit] The OpenView Forum International was an OpenView user group. It became Vivit (in early 2007) and organized the yearly HP Software Forum. In 2007, HP took over responsibility for the HP Software Forum and renamed it HP Software Universe.

• OpenView - Venture Capital for Expansion Stage Software Companies

  "It’s not just about money. The partnership with OpenView gives us the resources we need to push the boundaries." "With OpenView we get great strategic guidance plus the team and expertise to help us quickly scale our business." "OpenView is a true partner, helping to drive our growth." "OpenView is exactly what we wanted: a premier investment firm specializing in, fast-growth B2B businesses with disruptive, acquisition models. " "OpenView knows the enterprise SaaS space inside and out." [...] "OpenView’s advisors have been invaluable to the rapid success of our company." "With OpenView on board, we are well positioned to reach our goal of powering 30% of the web." "OpenView puts people first, without compromise." ## You’re ready to go big. You built a software company from scratch. Solved a problem customers had. They started buying. Now you’re thinking how do we scale? That’s exactly what OpenView does – we invest in and grow companies like yours. [...] OpenView Venture Capital for Expansion Stage Software Companies ## Type and Press Enter to Search OpenView Partners # We power expansion. ## Venture capital tailor-made to build expansion stage software companies into market leaders. "OpenView has the B2B go-to-market expertise we need to help scale our business to the next level." "OpenView follows through on its commitments."

• OpenView Venture Partners stops investing, in surprise move - Axios

  History: OpenView was founded in 2006, and counts Datadog as its biggest homerun. It fell short of target with Fund VII, but $570 million was still significantly more than it had ever raised. Behind the scenes: Sources say that at least one of OpenView's senior partners, Mackey Craven, no longer wanted to continue with Fund VII. This would have triggered a keyman clause, given the prior departure of partner Ricky Pelletier (who left in April). [...] But OpenView decided to preemptively suspend, and yesterday told LPs that the firm would provide a new strategic plan within three to six months. As for why top partners bailed, putting dozens of people out of work just before the holidays, sources remain hazy. But it sounds like a strategic/financial disagreement, not wrongdoing. The firm is declining to comment. Add Axios on Google ##### What to read next [...] Axios Dec 6, 2023 - Business # OpenView Venture Partners stops investing, in surprise move Dan Primack Add Axios on Google Add Axios as your preferred source to see more of our stories on Google. Add Axios on Google OpenView Venture Partners of Boston has suspended investing in new companies and laid off most of its employees, less than a year after raising $570 million for its seventh fund.

• OpenView Venture Capital

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