Openpath Raises $36 Million
Openpath has raised $36 million as 2020 has become a boom year for access control investments, with $42 million to Proxy and $80 million to Verkada expanding into access control.
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********* ** ********* ****, ******** ** revenue, **** *** ***** ** $***+ million. ** **** ** ****** *********** but ****** ***** ** *** **** of *** ***** ($** *******) *** the **** **** ******** *** *** go *** *** *** **, *** valuation ***** ** ** * *******.
Growth ******* *** *** ******** ********
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Market *********
******** ************ **** ** ******* ***** on ********** **** ******, ***** *** founders *** *** **** ********** **, but **** **** ********* ** **** verticals ****** ****** *******, ****** ** their ******** (*.*. ****** *******, *** chain, ******, **********, ***.). **** **** funding, **** **** ** ****** **** more ** ***** ********* *** ******* their ******* ******** *** ******** ********* to ****
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Openpath **********
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No ***** ************ *********
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***** *** * ********* **** ******** received **** $*** ******* ********** **** the **** * ******, **** ******* has * ********* ********. ******* ** leading **** ***** ***** ********* ** access, ***** ** ******** ** ***** the ********** *** ****** ********** *** Openpath ******** * ******** **** ******* on ******** ****** *******.
Vote / ****
Valuation *********
** ********* ******** ** **** ********* are ********** ** ******** ********* *** churn, **** ****-********** **********. ***** ******** is *** *** ***, **** **** the *********** **** *** **** ****** to ***** * ******** **** ******, stable **** ****. **** ** * fundamental ********* **** *** ******** ****** control ******** ***** ********* **** ******** upfront *** ** * ***** ****** for *** ********** ***-**** ********** *** Openpath.
**** *** *** ******* *****, **** are ******* * ********, *** **** makes ** **** ****** ** **** clone *** **** *** **** ***.
***, *** ******** ***** ** *********** copied ****** ****. ***** *** * 100% *****, *** ********* **** ******* their *********** *************** (**********, ********* ******, etc.)
**** ** **** ****** ** **** is *** ****-*** ******** ************** **** makes *** *** ******** ****. ******* companies **** ************ *** **** **** at ******* ************, ****** *** ** see ***** ** **** ********, **: TikTok.
*** *** **** **** * ****** at *****, * ** ** ***** OpenPath *** ** **** ******* ****** as * ****** ************, ** * generic ******* ****** ************.
******* **** *** *** **** **** at ********. * ** ****** **** more *** **** *** ****** ** customers *** *********** ******** *** ******* with ****. *** ****** ******* ***** is *** *** **** **********, ** I'm ******* ** *** **** **** continue ** **** ** ****!
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