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Wikipedia

https://en.wikipedia.org › wiki › OpenGov

OpenGov - Wikipedia

OpenGov, which is headquartered in San Francisco, [3] was founded in 2012 by Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman in response to the 2008 financial crisis. [4] The company's founders and several advisors met while working with California Common Sense, a non-profit non-partisan organization, which advocates for open data and open government principles. The group founded ...


In September 2019, Bookman joined an expedition with mountain guide Garrett Madison to attempt a late season ascent of Mount Everest.[11] The guide called off the attempt while the group was in base camp, which Madison described as a decision based on dangerous conditions.[12] In March 2020, Bookman filed a lawsuit seeking damages over the non-refundable expedition fee,[11] alleging the guide had canceled the trip for reasons unrelated to safety.[13] In December 2021, the case was settled with Bookman agreeing through a stipulated judgment that he is not entitled to a refund for the trip.[12]


6 26 FLAG FLUFF

OpenGov Inc. is a private technology company headquartered in San Francisco. In February 2024, minority owner Cox Enterprises agreed to acquire the company.

insert

Cox Enterprises, Inc. is an American privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Media Group, Cox Communications, and Cox Automotive. The company's major national brands include AutoTrader, Kelley Blue Book, Manheim Auctions and more.

Through Cox Automotive, the company's international operations stretch across Asia, Australia, Europe and Latin America. Cox Enterprises is currently led by Alexander C. Taylor, a fourth-generation Cox family member and great-grandson of founder James M. Cox. James M. Cox's grandson, James C. Kennedy, and other members of the Cox family are on the company's board of directors.[4]

On March 2, 2020, the sale of Cox Media Group's Ohio newspapers was finalized back to Cox Enterprises, and subsequently formed Cox First Media.[5][6] This move was to ensure that the publications would remain daily newspapers serving the southwest Ohio region.

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History

OpenGov, which is headquartered in San Francisco,[3] was founded in 2012 by Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman in response to the 2008 financial crisis.[4] The company's founders and several advisors met while working with California Common Sense, a non-profit non-partisan organization, which advocates for open data and open government principles. The group founded OpenGov with the long-term goal of bringing a modern cloud enterprise resource planning (ERP) to local and state governments.

In April 2016, OpenGov acquired Ontodia, a leading developer of open data platform CKAN, allowing OpenGov to expand its reporting and transparency suite.[5]

In February 2017, OpenGov said that it saw an increase in interest from clients and job applicants related to desire for increased government accountability after the election of President Donald Trump.[6] The Wall Street Journal reported that OpenGov, a government technology start-up whose CEO attended a tech summit at the White House in June 2017, is part owned by Thrive Capital — a venture firm run by Jared Kushner's brother, Joshua.[7] OpenGov's CEO, Bookman, was the only chief executive of a small firm among the 18 tech leaders to get a seat at the table with the president.[7] According to the Wall Street Journal, a staff member suggested OpenGov participate after learning about the company in previous congressional roles.[7]

In October 2017, OpenGov acquired government-serving tech company, Peak Democracy of Berkeley, California,[8][9] to expand its public engagement, communication, and feedback tools. In September 2019, OpenGov acquired ViewPoint Cloud, a platform used by city and state governments to manage community development operations, such as permitting, licensing, inspections, and code enforcement.[10]

In March 2020, OpenGov and GTY Technology Holdings settled lawsuits related to a past effort at a merger.[11]

In April 2020, OpenGov launched the first fully-integrated cloud enterprise resource planning (ERP) system designed specifically for local government.[12] In October 2020, OpenGov acquired ClearRec, a Texas-based company, to incorporate its step-by-step bank reconciliation process technology into the OpenGov ERP Cloud.[13]

In June 2021, OpenGov acquired ProcureNow to enable its customers to run budgeting, procurement and financial operations through the same vendor.[14] In July 2022, OpenGov acquired Cartegraph, a public cloud software developer, with funding from Cox Enterprises.[15]

In February 2024, minority owner Cox Enterprises agreed to acquire OpenGov, valuing the company at $1.8 billion.[3][2]

Bookman stepped down as CEO in April 2026, replaced by Thiago Sá Freire, who was previously OpenGov's president, chief operating officer, and president of field operations.[1]

Customers

As of February 2024, OpenGov serves 1,900 government entities,[2] including state agencies, city governments, school districts, and other special districts. They offer subscriptions to these entities based on the number of products used and the number of employees who need access.[2]

The city of Palo Alto was OpenGov's first customer,[16] following a collaboration between the city and employees from nonprofit California Common Sense to launch a comprehensive open data platform.[17]

Following a chain of cyberattacks and scandals, the city of Scranton, Pennsylvania, partnered with OpenGov to use its cloud based ERP to restore public trust, improve safety, and accelerate the city's operations. The city's Business Administrator, Karl Deeley, stated that Scranton's operations had not undergone any major changes since the 1980s, so its partnership with OpenGov will enable the city to decrease reliance on its old infrastructure.[18]

In May 2021, Curry County, Oregon, stopped using OpenGov due to "glitches" in the software.[19]

In September 2021, the municipality of Durango, Colorado, announced its partnership with OpenGov to increase transparency with its citizens by allowing them to view the city's finances, as well as the spending of other government entities, real time. The effort to increase transparency came after Durango's former finance director, Julie Brown, was caught embezzling over $700,000 across 11 years. Durango also lost millions of dollars through clerical errors in 2019, which OpenGov's software could reduce and prevent down the road.[20]

As of February 2024, OpenGov is being used by the city of Los Angeles to prepare for the 2028 Summer Olympics.[3]

Funding

OpenGov has raised $128 million from venture capital and angel investors.[citation ^needed] A $3 million Series A round in 2012 included venture funds 8VC, Founder Collective, Valiant Capital, and "a number of high-profile angel investors."[21] In 2013, the company raised $4 million in further investment from 8VC and new investor Thrive Capital.[21]

On May 15, 2014, OpenGov announced a new $15 million Series B round of funding including investments from Andreessen Horowitz, 8VC, and Thrive Capital.[22]

An additional $25 million Series B round in October 2015 included additional investments from Andreessen Horowitz, 8VC, Thrive Capital, and Sway Ventures, as well as new investors Glynn Capital, Scott Cook, and Ashton Kutcher and Guy Oseary’s Sound Ventures.[23] Marc Andreessen was also added to the board during the October 2015 round.[23]

In May 2017, the company raised $30 million in a Series C founding round[24] and in September 2019, the startup picked up an additional $51 million in a Series D round led by Weatherford Capital and 8VC (Lonsdale's investment firm), with participation from existing investor Andreessen Horowitz.[25]

In mid-August 2021, Weatherford Capital, a private investment firm in Florida, closed nearly $355 million in its first round of investments for the government technology space, with OpenGov being one of the multiple civic technology companies that received a portion of the investments.[26]

See also

E-government

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off bs

8vc.com

https://www.8vc.com

8VC | A different kind of VC firm.

8VC is a technology and bio-sciences investment firm which invests in the world's most ambitious and innovative companies.

Portfolio

Explore 8VC's diverse portfolio of investments, ventures, and successful exits in technology and bio-sciences sectors.

Team

8VC seeks to partner with top founders and entrepreneurs to build lasting technology platforms and create long-term economic and societal value.

Fellowship

The 8VC Fellowship is a unique, immersive, three-month internship program that places undergraduate students in contributing roles at some of the world's most innovative startups.

About

At 8VC, we partner with elite founders to build transformational technologies that create long-term economic and societal value.

Build

The 8VC Build Program leverages our background as entrepreneurs, vantage point as investors, and powerful talent network to launch companies to address conceptual gaps in the market.

Our Thesis

8VC's Smart Enterprise thesis, written in 2013, posited the next phenomenon to dominate the technology landscape. In short, Smart Enterprise means leveraging the power of data integration, Enabling human experts to solve non-linear problems, Building platforms and harnessing network effects to take on entire problem spaces.

8vc.com

https://www.8vc.com › companies

Portfolio | 8VC | A different kind of VC firm.

Explore 8VC's diverse portfolio of investments, ventures, and successful exits in technology and bio-sciences sectors.

Wikipedia

https://en.wikipedia.org › wiki › 8VC

8VC - Wikipedia

8VC is a private equity firm founded by Joe Lonsdale in 2015, with investments in technology and biotechnology companies. The firm is based in Austin, Texas and has employees with ties to Russian oligarchs.

Tracxn

https://tracxn.com › d › venture-capital › 8vc › __jX52XKrW6-fzUc1B1XJh_cgzYnlJX8VCmVebOQRky6E

8VC - 2026 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

Aug 20, 2026About 8VC 8VC is a venture capital firm founded in 2015. It is primarily based out of Austin, United States. As of Aug 2026, 8VC is an active investor, having invested in 377 companies, with 31 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to ...

Wikipedia

https://en.wikipedia.org › wiki › Joe_Lonsdale

Joe Lonsdale - Wikipedia

In 2011, Lonsdale co-founded the venture capital firm Formation 8, and in 2015, he founded the technology investment firm 8VC. Lonsdale has been outspoken about politics, and is an active Republican donor and fundraiser. He founded the conservative Cicero Institute think tank and co-founded the private University of Austin.

LinkedIn

https://www.linkedin.com › company › 8vc

8VC - LinkedIn

8VC Venture Capital and Private Equity Principals Austin, Texas 54,128 followers The world's broken, let's fix it About us 8VC is a venture capital fund based in Austin, Texas.

Forbes

https://www.forbes.com › profile › joe-lonsdale

Joe Lonsdale - Forbes

1 day agoJoe Lonsdale is the managing partner of venture capital firm 8VC, which he cofounded in 2015 and relocated to Texas in 2020. 8VC, with $6 billion in assets, has made several big bets on startups ...

TechCrunch

https://techcrunch.com › 2023 › 03 › 01 › 8vc-raises-880m-in-new-fund-that-aims-to-fix-a-broken-world

8VC raises $880M in new fund that aims 'to fix a broken world'

Austin-based venture firm 8VC, led by Palantir founder Joe Lonsdale, has launched its fifth fund with a mission to invest in transformative technologies. The fund is the biggest Texas-based venture fund for startups, according to AustinInno, and has a diverse portfolio of companies across various industries.

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