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OpenGov Inc.: Business, History, and Impact

At a Glance

Title: OpenGov Inc.: Business, History, and Impact

Total Categories: 6

Category Stats

  • Founding and Vision: 4 flashcards, 6 questions
  • Core Business and Product Suite: 8 flashcards, 14 questions
  • Strategic Growth Through Acquisitions: 6 flashcards, 11 questions
  • Funding and Investment History: 8 flashcards, 12 questions
  • Key Milestones and Corporate Developments: 6 flashcards, 12 questions
  • Market Presence and Client Impact: 7 flashcards, 13 questions

Total Stats

  • Total Flashcards: 39
  • True/False Questions: 40
  • Multiple Choice Questions: 28
  • Total Questions: 68

Instructions

Click the button to expand the instructions for how to use the Wiki2Web Teacher studio in order to print, edit, and export data about OpenGov Inc.: Business, History, and Impact

Welcome to Your Curriculum Command Center

This guide will turn you into a Wiki2web Studio power user. Let's unlock the features designed to give you back your weekends.

The Core Concept: What is a "Kit"?

Think of a Kit as your all-in-one digital lesson plan. It's a single, portable file that contains every piece of content for a topic: your subject categories, a central image, all your flashcards, and all your questions. The true power of the Studio is speed—once a kit is made (or you import one), you are just minutes away from printing an entire set of coursework.

Getting Started is Simple:

  • Create New Kit: Start with a clean slate. Perfect for a brand-new lesson idea.
  • Import & Edit Existing Kit: Load a .json kit file from your computer to continue your work or to modify a kit created by a colleague.
  • Restore Session: The Studio automatically saves your progress in your browser. If you get interrupted, you can restore your unsaved work with one click.

Step 1: Laying the Foundation (The Authoring Tools)

This is where you build the core knowledge of your Kit. Use the left-side navigation panel to switch between these powerful authoring modules.

⚙️ Kit Manager: Your Kit's Identity

This is the high-level control panel for your project.

  • Kit Name: Give your Kit a clear title. This will appear on all your printed materials.
  • Master Image: Upload a custom cover image for your Kit. This is essential for giving your content a professional visual identity, and it's used as the main graphic when you export your Kit as an interactive game.
  • Topics: Create the structure for your lesson. Add topics like "Chapter 1," "Vocabulary," or "Key Formulas." All flashcards and questions will be organized under these topics.

🃏 Flashcard Author: Building the Knowledge Blocks

Flashcards are the fundamental concepts of your Kit. Create them here to define terms, list facts, or pose simple questions.

  • Click "➕ Add New Flashcard" to open the editor.
  • Fill in the term/question and the definition/answer.
  • Assign the flashcard to one of your pre-defined topics.
  • To edit or remove a flashcard, simply use the ✏️ (Edit) or ❌ (Delete) icons next to any entry in the list.

✍️ Question Author: Assessing Understanding

Create a bank of questions to test knowledge. These questions are the engine for your worksheets and exams.

  • Click "➕ Add New Question".
  • Choose a Type: True/False for quick checks or Multiple Choice for more complex assessments.
  • To edit an existing question, click the ✏️ icon. You can change the question text, options, correct answer, and explanation at any time.
  • The Explanation field is a powerful tool: the text you enter here will automatically appear on the teacher's answer key and on the Smart Study Guide, providing instant feedback.

🔗 Intelligent Mapper: The Smart Connection

This is the secret sauce of the Studio. The Mapper transforms your content from a simple list into an interconnected web of knowledge, automating the creation of amazing study guides.

  • Step 1: Select a question from the list on the left.
  • Step 2: In the right panel, click on every flashcard that contains a concept required to answer that question. They will turn green, indicating a successful link.
  • The Payoff: When you generate a Smart Study Guide, these linked flashcards will automatically appear under each question as "Related Concepts."

Step 2: The Magic (The Generator Suite)

You've built your content. Now, with a few clicks, turn it into a full suite of professional, ready-to-use materials. What used to take hours of formatting and copying-and-pasting can now be done in seconds.

🎓 Smart Study Guide Maker

Instantly create the ultimate review document. It combines your questions, the correct answers, your detailed explanations, and all the "Related Concepts" you linked in the Mapper into one cohesive, printable guide.

📝 Worksheet & 📄 Exam Builder

Generate unique assessments every time. The questions and multiple-choice options are randomized automatically. Simply select your topics, choose how many questions you need, and generate:

  • A Student Version, clean and ready for quizzing.
  • A Teacher Version, complete with a detailed answer key and the explanations you wrote.

🖨️ Flashcard Printer

Forget wrestling with table layouts in a word processor. Select a topic, choose a cards-per-page layout, and instantly generate perfectly formatted, print-ready flashcard sheets.

Step 3: Saving and Collaborating

  • 💾 Export & Save Kit: This is your primary save function. It downloads the entire Kit (content, images, and all) to your computer as a single .json file. Use this to create permanent backups and share your work with others.
  • ➕ Import & Merge Kit: Combine your work. You can merge a colleague's Kit into your own or combine two of your lessons into a larger review Kit.

You're now ready to reclaim your time.

You're not just a teacher; you're a curriculum designer, and this is your Studio.

This page is an interactive visualization based on the Wikipedia article "OpenGov" (opens in new tab) and its cited references.

Text content is available under the Creative Commons Attribution-ShareAlike 4.0 License (opens in new tab). Additional terms may apply.

Disclaimer: This website is for informational purposes only and does not constitute any kind of advice. The information is not a substitute for consulting official sources or records or seeking advice from qualified professionals.


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Study Guide: OpenGov Inc.: Business, History, and Impact

Study Guide: OpenGov Inc.: Business, History, and Impact

Founding and Vision

The founding of OpenGov Inc. in 2012 was influenced by the governmental inefficiencies revealed during the 2008 financial crisis.

Answer: True

OpenGov Inc. was established in 2012 as a direct response to the economic challenges and governmental inefficiencies that became apparent following the 2008 financial crisis.

Related Concepts:

  • When was OpenGov Inc. established, and what was the primary impetus for its founding?: OpenGov Inc. was founded in 2012. The company's establishment was a direct response to the economic challenges and governmental inefficiencies highlighted by the 2008 financial crisis. The founders sought to introduce modern technological solutions to public sector finance and administration.
  • What is the significance of OpenGov's founding motivation in relation to the 2008 financial crisis?: OpenGov was founded in 2012 as a direct response to the inefficiencies and challenges exposed by the 2008 financial crisis. The founders aimed to provide governments with better tools for financial management and planning, believing that improved technology could prevent or mitigate future crises and enhance public sector fiscal responsibility.

Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman are identified as the co-founders of OpenGov Inc.

Answer: True

The company was co-founded by Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman, who were motivated by a shared vision for improving public sector operations.

Related Concepts:

  • Who were the co-founders of OpenGov Inc., and what was their background leading up to the company's creation?: The co-founders of OpenGov Inc. are Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman. Several of these founders, along with advisors, had previously collaborated with California Common Sense, a non-profit organization dedicated to advocating for open data and open government principles. This shared experience in promoting transparency and data accessibility influenced their vision for OpenGov.

The founders of OpenGov aimed to improve public sector fiscal responsibility by providing better tools for financial management.

Answer: True

A core aim of OpenGov's founders was to enhance public sector fiscal responsibility through the provision of improved financial management tools.

Related Concepts:

  • What is the significance of OpenGov's founding motivation in relation to the 2008 financial crisis?: OpenGov was founded in 2012 as a direct response to the inefficiencies and challenges exposed by the 2008 financial crisis. The founders aimed to provide governments with better tools for financial management and planning, believing that improved technology could prevent or mitigate future crises and enhance public sector fiscal responsibility.
  • What was the overarching, long-term objective that motivated the founders of OpenGov?: The long-term goal of OpenGov's founders was to introduce a modern, cloud-based enterprise resource planning (ERP) system specifically tailored for local and state governments. They aimed to equip public sector organizations with advanced technology to improve financial management, planning, and citizen services.

When was OpenGov Inc. established?

Answer: 2012

OpenGov Inc. was established in 2012.

Related Concepts:

  • When was OpenGov Inc. established, and what was the primary impetus for its founding?: OpenGov Inc. was founded in 2012. The company's establishment was a direct response to the economic challenges and governmental inefficiencies highlighted by the 2008 financial crisis. The founders sought to introduce modern technological solutions to public sector finance and administration.

Who are the identified co-founders of OpenGov Inc.?

Answer: Nate Levine, Dakin Sloss, Joe Lonsdale, Zachary Bookman

The co-founders of OpenGov Inc. are Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman.

Related Concepts:

  • Who were the co-founders of OpenGov Inc., and what was their background leading up to the company's creation?: The co-founders of OpenGov Inc. are Nate Levine, Dakin Sloss, Joe Lonsdale, and Zachary Bookman. Several of these founders, along with advisors, had previously collaborated with California Common Sense, a non-profit organization dedicated to advocating for open data and open government principles. This shared experience in promoting transparency and data accessibility influenced their vision for OpenGov.

What was the primary impetus for the founding of OpenGov?

Answer: A response to inefficiencies highlighted by the 2008 financial crisis.

The founding of OpenGov was primarily driven by a response to the governmental inefficiencies exposed by the 2008 financial crisis.

Related Concepts:

  • What is the significance of OpenGov's founding motivation in relation to the 2008 financial crisis?: OpenGov was founded in 2012 as a direct response to the inefficiencies and challenges exposed by the 2008 financial crisis. The founders aimed to provide governments with better tools for financial management and planning, believing that improved technology could prevent or mitigate future crises and enhance public sector fiscal responsibility.
  • When was OpenGov Inc. established, and what was the primary impetus for its founding?: OpenGov Inc. was founded in 2012. The company's establishment was a direct response to the economic challenges and governmental inefficiencies highlighted by the 2008 financial crisis. The founders sought to introduce modern technological solutions to public sector finance and administration.

Core Business and Product Suite

OpenGov Inc. is a publicly traded entity specializing in software solutions for the private sector.

Answer: False

OpenGov Inc. is a privately held technology company focused on providing cloud-based solutions for government entities, not private sector businesses.

Related Concepts:

  • What specific industry does OpenGov Inc. operate within?: OpenGov Inc. operates within the enterprise software industry, with a specialized focus on providing solutions for the public sector, particularly government entities.
  • What is the core business and operational status of OpenGov Inc.?: OpenGov Inc. is a privately held technology company specializing in enterprise software. Its primary focus is on providing cloud-based solutions for government entities, aiming to modernize operations and enhance transparency. As of February 2024, the company is undergoing acquisition by Cox Enterprises.

OpenGov's long-term objective was to develop a software solution primarily for the healthcare industry.

Answer: False

OpenGov's long-term objective was to create a modern, cloud-based enterprise resource planning (ERP) system tailored specifically for local and state governments, not the healthcare industry.

Related Concepts:

  • What was the overarching, long-term objective that motivated the founders of OpenGov?: The long-term goal of OpenGov's founders was to introduce a modern, cloud-based enterprise resource planning (ERP) system specifically tailored for local and state governments. They aimed to equip public sector organizations with advanced technology to improve financial management, planning, and citizen services.
  • What specific industry does OpenGov Inc. operate within?: OpenGov Inc. operates within the enterprise software industry, with a specialized focus on providing solutions for the public sector, particularly government entities.

OpenGov Inc. operates within the financial services industry, offering trading platforms.

Answer: False

OpenGov Inc. operates within the enterprise software industry, specializing in solutions for government entities, rather than the financial services industry or trading platforms.

Related Concepts:

  • What specific industry does OpenGov Inc. operate within?: OpenGov Inc. operates within the enterprise software industry, with a specialized focus on providing solutions for the public sector, particularly government entities.
  • What is the core business and operational status of OpenGov Inc.?: OpenGov Inc. is a privately held technology company specializing in enterprise software. Its primary focus is on providing cloud-based solutions for government entities, aiming to modernize operations and enhance transparency. As of February 2024, the company is undergoing acquisition by Cox Enterprises.

OpenGov provides modules for budgeting, planning, financial management, and citizen services to its government clients.

Answer: True

OpenGov offers a suite of cloud-based ERP solutions for governments, including modules for budgeting, planning, financial management, and citizen services.

Related Concepts:

  • What key products and services does OpenGov offer to its government clients?: OpenGov provides a suite of cloud-based enterprise resource planning (ERP) solutions for governments. Their offerings include modules for budgeting and planning, financial management, and citizen services, all designed to enhance operational efficiency and transparency.
  • What was the overarching, long-term objective that motivated the founders of OpenGov?: The long-term goal of OpenGov's founders was to introduce a modern, cloud-based enterprise resource planning (ERP) system specifically tailored for local and state governments. They aimed to equip public sector organizations with advanced technology to improve financial management, planning, and citizen services.

ERP, in the context of OpenGov, stands for 'Electronic Records Processing'.

Answer: False

In the context of OpenGov's offerings, ERP stands for Enterprise Resource Planning.

Related Concepts:

  • What does ERP stand for, and how does OpenGov's approach utilize this concept for government entities?: ERP stands for Enterprise Resource Planning. OpenGov applies this concept by offering a fully integrated cloud ERP system specifically designed for the unique needs of local governments. This system aims to streamline various administrative and financial functions within a single platform.

OpenGov structures its subscription services based on the number of products utilized and the number of employees requiring access.

Answer: True

OpenGov's subscription services are typically structured based on the number of products utilized by an entity and the number of employees requiring access to the software.

Related Concepts:

  • On what basis does OpenGov typically structure its subscription services for government clients?: OpenGov structures its subscription services for government entities based on two primary factors: the number of products the entity utilizes from OpenGov's suite and the number of employees within that entity who require access to the software.

The 'See also' section of the OpenGov article lists 'Cybersecurity' as a related topic.

Answer: False

The 'See also' section of the OpenGov article lists 'E-government' as a related topic, not 'Cybersecurity'.

OpenGov's commitment to open data principles is demonstrated by its software enabling governments to share financial information with citizens.

Answer: True

OpenGov's software facilitates the sharing of financial and operational data, reflecting its commitment to open data principles and increasing transparency for citizens.

Related Concepts:

  • How does OpenGov's focus on 'open data' and 'open government' principles manifest in its services?: OpenGov's commitment to open data and open government principles, stemming from its founders' association with California Common Sense, is reflected in its products that aim to increase transparency. By providing platforms for governments to share financial data and operational information, OpenGov enables citizens to better understand how public funds are managed and how government operates.
  • What is the significance of OpenGov's founding motivation in relation to the 2008 financial crisis?: OpenGov was founded in 2012 as a direct response to the inefficiencies and challenges exposed by the 2008 financial crisis. The founders aimed to provide governments with better tools for financial management and planning, believing that improved technology could prevent or mitigate future crises and enhance public sector fiscal responsibility.

An integrated cloud ERP system offers local governments the advantage of consolidating various functions into a single, modern platform.

Answer: True

The strategic advantage of an integrated cloud ERP system for local governments lies in its ability to consolidate diverse functions into one cohesive and modern platform.

Related Concepts:

  • What is the strategic advantage of OpenGov's integrated cloud ERP system for local governments?: The strategic advantage of OpenGov's integrated cloud ERP system for local governments lies in its ability to consolidate various functions like budgeting, financials, procurement, and citizen services into a single, modern platform. This integration streamlines operations, reduces reliance on disparate or outdated systems, and enhances data accessibility and reporting for improved decision-making and transparency.
  • What significant product did OpenGov launch in April 2020, and what made it notable?: In April 2020, OpenGov launched the first fully-integrated cloud enterprise resource planning (ERP) system specifically designed for local government. This launch marked a key development in providing comprehensive cloud solutions tailored to the public sector.
  • What does ERP stand for, and how does OpenGov's approach utilize this concept for government entities?: ERP stands for Enterprise Resource Planning. OpenGov applies this concept by offering a fully integrated cloud ERP system specifically designed for the unique needs of local governments. This system aims to streamline various administrative and financial functions within a single platform.

What is the primary business focus of OpenGov Inc.?

Answer: Providing cloud-based enterprise software solutions for government entities.

OpenGov Inc.'s primary business focus is on providing cloud-based enterprise software solutions tailored for government entities.

Related Concepts:

  • What specific industry does OpenGov Inc. operate within?: OpenGov Inc. operates within the enterprise software industry, with a specialized focus on providing solutions for the public sector, particularly government entities.
  • What is the core business and operational status of OpenGov Inc.?: OpenGov Inc. is a privately held technology company specializing in enterprise software. Its primary focus is on providing cloud-based solutions for government entities, aiming to modernize operations and enhance transparency. As of February 2024, the company is undergoing acquisition by Cox Enterprises.

Which of the following is NOT listed as a key product offering by OpenGov?

Answer: Citizen Relationship Management (CRM) software

OpenGov's key product offerings include modules for budgeting, planning, financial management, and citizen services. Citizen Relationship Management (CRM) software is not listed as a primary offering.

Related Concepts:

  • What key products and services does OpenGov offer to its government clients?: OpenGov provides a suite of cloud-based enterprise resource planning (ERP) solutions for governments. Their offerings include modules for budgeting and planning, financial management, and citizen services, all designed to enhance operational efficiency and transparency.

What does ERP stand for in the context of OpenGov's offerings?

Answer: Enterprise Resource Planning

In the context of OpenGov's solutions, ERP stands for Enterprise Resource Planning.

Related Concepts:

  • What does ERP stand for, and how does OpenGov's approach utilize this concept for government entities?: ERP stands for Enterprise Resource Planning. OpenGov applies this concept by offering a fully integrated cloud ERP system specifically designed for the unique needs of local governments. This system aims to streamline various administrative and financial functions within a single platform.

On what basis does OpenGov typically structure its subscription services?

Answer: Number of products utilized and number of employees needing access.

OpenGov typically structures its subscription services based on the number of products utilized and the number of employees requiring access.

Related Concepts:

  • On what basis does OpenGov typically structure its subscription services for government clients?: OpenGov structures its subscription services for government entities based on two primary factors: the number of products the entity utilizes from OpenGov's suite and the number of employees within that entity who require access to the software.

What is the strategic advantage of OpenGov's integrated cloud ERP system for local governments?

Answer: It consolidates various functions into a single, modern platform.

The strategic advantage of OpenGov's integrated cloud ERP system is its ability to consolidate diverse governmental functions into a single, modern platform.

Related Concepts:

  • What is the strategic advantage of OpenGov's integrated cloud ERP system for local governments?: The strategic advantage of OpenGov's integrated cloud ERP system for local governments lies in its ability to consolidate various functions like budgeting, financials, procurement, and citizen services into a single, modern platform. This integration streamlines operations, reduces reliance on disparate or outdated systems, and enhances data accessibility and reporting for improved decision-making and transparency.
  • What significant product did OpenGov launch in April 2020, and what made it notable?: In April 2020, OpenGov launched the first fully-integrated cloud enterprise resource planning (ERP) system specifically designed for local government. This launch marked a key development in providing comprehensive cloud solutions tailored to the public sector.
  • What does ERP stand for, and how does OpenGov's approach utilize this concept for government entities?: ERP stands for Enterprise Resource Planning. OpenGov applies this concept by offering a fully integrated cloud ERP system specifically designed for the unique needs of local governments. This system aims to streamline various administrative and financial functions within a single platform.

Strategic Growth Through Acquisitions

OpenGov acquired Ontodia in April 2016 to enhance its public engagement capabilities.

Answer: False

OpenGov acquired Ontodia in April 2016 to enhance its Reporting & Transparency suite by integrating open data solutions, not specifically public engagement capabilities.

Related Concepts:

  • What strategic acquisition did OpenGov complete in April 2016, and what did it add to their capabilities?: In April 2016, OpenGov acquired Ontodia, a company recognized for developing open data solutions using CKAN. This acquisition allowed OpenGov to enhance its Reporting & Transparency suite, integrating more robust open data capabilities into its platform.

The acquisition of Peak Democracy in October 2017 added tools for public engagement and citizen feedback to OpenGov's offerings.

Answer: True

The acquisition of Peak Democracy in October 2017 expanded OpenGov's capabilities by incorporating tools for public engagement and citizen feedback.

Related Concepts:

  • How did OpenGov's acquisition of Peak Democracy in October 2017 benefit the company's service offerings?: The acquisition of Peak Democracy in October 2017 expanded OpenGov's portfolio by incorporating tools for public engagement, communication, and citizen feedback. This move aimed to deepen the company's ability to facilitate interaction between governments and their constituents.

OpenGov integrated community development operations, including permitting and licensing, through its acquisition of ClearRec in October 2020.

Answer: False

OpenGov integrated community development operations, including permitting and licensing, through its acquisition of ViewPoint Cloud in September 2019, not ClearRec.

The acquisition of ClearRec in October 2020 enhanced OpenGov's financial management capabilities by adding bank reconciliation technology.

Answer: True

In October 2020, OpenGov acquired ClearRec, which added specialized bank reconciliation process technology to enhance its financial management capabilities.

Related Concepts:

  • What technology did OpenGov incorporate through its October 2020 acquisition of ClearRec?: In October 2020, OpenGov acquired ClearRec, a Texas-based company. This acquisition brought ClearRec's specialized bank reconciliation process technology into the OpenGov ERP Cloud, enhancing its financial management capabilities.

OpenGov's acquisition of ProcureNow in June 2021 aimed to provide a single vendor solution for budgeting and procurement.

Answer: True

The acquisition of ProcureNow in June 2021 enabled OpenGov to offer a unified solution for budgeting and procurement, streamlining operations for its clients.

Related Concepts:

  • What was the strategic aim behind OpenGov's acquisition of ProcureNow in June 2021?: The acquisition of ProcureNow in June 2021 enabled OpenGov to offer its customers a single vendor solution for budgeting, procurement, and financial operations. This integration aimed to provide a more comprehensive and seamless experience for government financial management.

Cox Enterprises, a minority owner, provided funding for OpenGov's acquisition of Cartegraph in July 2022.

Answer: True

In July 2022, OpenGov acquired Cartegraph, with funding support provided by Cox Enterprises, which was already a minority stakeholder.

Related Concepts:

  • Which company did OpenGov acquire in July 2022, and what was the source of funding for this transaction?: In July 2022, OpenGov acquired Cartegraph, a developer of public cloud software. This acquisition was supported by funding from Cox Enterprises, which was already a minority owner at the time.

OpenGov enhanced its Reporting & Transparency suite through the acquisition of which company in April 2016?

Answer: Ontodia

In April 2016, OpenGov acquired Ontodia to enhance its Reporting & Transparency suite with open data solutions.

Related Concepts:

  • What strategic acquisition did OpenGov complete in April 2016, and what did it add to their capabilities?: In April 2016, OpenGov acquired Ontodia, a company recognized for developing open data solutions using CKAN. This acquisition allowed OpenGov to enhance its Reporting & Transparency suite, integrating more robust open data capabilities into its platform.

Which company did OpenGov acquire in October 2017 to incorporate tools for public engagement?

Answer: Peak Democracy

OpenGov acquired Peak Democracy in October 2017 to integrate tools for public engagement and citizen feedback.

Related Concepts:

  • How did OpenGov's acquisition of Peak Democracy in October 2017 benefit the company's service offerings?: The acquisition of Peak Democracy in October 2017 expanded OpenGov's portfolio by incorporating tools for public engagement, communication, and citizen feedback. This move aimed to deepen the company's ability to facilitate interaction between governments and their constituents.

What functionality was integrated into OpenGov's platform via the September 2019 acquisition of ViewPoint Cloud?

Answer: Community development operations (permitting, licensing)

The acquisition of ViewPoint Cloud in September 2019 integrated community development operations, including permitting and licensing, into OpenGov's platform.

Related Concepts:

  • What functionality did OpenGov gain by acquiring ViewPoint Cloud in September 2019?: By acquiring ViewPoint Cloud in September 2019, OpenGov integrated a platform that manages community development operations. This includes crucial functions such as permitting, licensing, inspections, and code enforcement, broadening OpenGov's reach into municipal operational management.

What technology did OpenGov acquire in October 2020 through the purchase of ClearRec?

Answer: Specialized bank reconciliation process technology

Through the purchase of ClearRec in October 2020, OpenGov acquired specialized bank reconciliation process technology.

Related Concepts:

  • What technology did OpenGov incorporate through its October 2020 acquisition of ClearRec?: In October 2020, OpenGov acquired ClearRec, a Texas-based company. This acquisition brought ClearRec's specialized bank reconciliation process technology into the OpenGov ERP Cloud, enhancing its financial management capabilities.

Which company did OpenGov acquire in July 2022, with funding support from Cox Enterprises?

Answer: Cartegraph

In July 2022, OpenGov acquired Cartegraph, with financial support from Cox Enterprises.

Related Concepts:

  • Which company did OpenGov acquire in July 2022, and what was the source of funding for this transaction?: In July 2022, OpenGov acquired Cartegraph, a developer of public cloud software. This acquisition was supported by funding from Cox Enterprises, which was already a minority owner at the time.

Funding and Investment History

OpenGov raised $128 million in venture capital and angel investment across all its funding rounds.

Answer: False

While $128 million was mentioned in one context, subsequent funding rounds indicate a higher cumulative total investment for OpenGov.

Related Concepts:

  • What was the total amount of venture capital and angel investment OpenGov had raised, according to one mention in the article?: According to one statement in the article, OpenGov had raised $128 million from venture capital and angel investors. However, subsequent funding rounds mentioned indicate a higher cumulative total.

8VC was a key investor in OpenGov's initial $3 million Series A funding round in 2012.

Answer: True

8VC was indeed a key investor in OpenGov's initial $3 million Series A funding round in 2012, alongside other venture funds and angel investors.

Related Concepts:

  • Who were the primary investors in OpenGov's initial $3 million Series A funding round in 2012?: OpenGov's $3 million Series A funding round in 2012 included investments from venture funds such as 8VC, Founder Collective, and Valiant Capital, along with a number of high-profile angel investors.

Thrive Capital participated in OpenGov's $4 million funding round in 2013, alongside existing investors.

Answer: True

Thrive Capital joined as a new investor in OpenGov's $4 million funding round in 2013, participating alongside existing investors like 8VC.

Related Concepts:

  • Which venture capital firms were involved in OpenGov's $4 million funding round in 2013?: In 2013, OpenGov raised $4 million in further investment. This round saw participation from 8VC, which had invested previously, and the addition of Thrive Capital as a new investor.

Andreessen Horowitz led OpenGov's $15 million Series B funding round announced in May 2014.

Answer: True

Andreessen Horowitz was a key investor in OpenGov's $15 million Series B funding round announced in May 2014.

Related Concepts:

  • What was the amount of OpenGov's Series B funding round announced in May 2014, and which key firms participated?: In May 2014, OpenGov announced a $15 million Series B round of funding. Key investors in this round included Andreessen Horowitz, 8VC, and Thrive Capital.

Ashton Kutcher was among the new investors in OpenGov's October 2015 funding round.

Answer: False

While Ashton Kutcher was an investor in OpenGov, the provided source material does not explicitly link him to the October 2015 funding round, but rather to a broader group of investors in later rounds.

Marc Andreessen joined OpenGov's board of directors after the Series C funding round in 2017.

Answer: False

Marc Andreessen joined OpenGov's board of directors following the Series B funding round in October 2015, not after the Series C round in 2017.

OpenGov raised $30 million in its Series C funding round in May 2017.

Answer: True

In May 2017, OpenGov successfully raised $30 million in its Series C funding round.

Related Concepts:

  • How much capital did OpenGov secure in its Series C funding round in May 2017?: In May 2017, OpenGov successfully raised $30 million in a Series C funding round. This capital infusion supported the company's continued growth and product development.

Weatherford Capital and Andreessen Horowitz led OpenGov's Series D funding round in September 2019.

Answer: False

Weatherford Capital and 8VC led OpenGov's Series D funding round in September 2019, not Andreessen Horowitz.

Weatherford Capital provided significant investment to OpenGov in August 2021 as part of its first round for the government technology sector.

Answer: True

In August 2021, Weatherford Capital invested in OpenGov as part of its initial fund focused on the government technology sector.

Related Concepts:

  • What role did Weatherford Capital play in OpenGov's funding activities in August 2021?: In mid-August 2021, Weatherford Capital, a private investment firm, closed nearly $355 million in its first round of investments for the government technology sector. OpenGov was among the civic technology companies that received a portion of these funds.

Which venture capital firm was a key investor in both OpenGov's 2012 Series A and 2013 funding rounds?

Answer: 8VC

8VC was a key investor in both OpenGov's 2012 Series A and 2013 funding rounds.

Related Concepts:

  • Who were the primary investors in OpenGov's initial $3 million Series A funding round in 2012?: OpenGov's $3 million Series A funding round in 2012 included investments from venture funds such as 8VC, Founder Collective, and Valiant Capital, along with a number of high-profile angel investors.
  • Which venture capital firms were involved in OpenGov's $4 million funding round in 2013?: In 2013, OpenGov raised $4 million in further investment. This round saw participation from 8VC, which had invested previously, and the addition of Thrive Capital as a new investor.

Who joined OpenGov's board of directors following the October 2015 funding round?

Answer: Marc Andreessen

Marc Andreessen joined OpenGov's board of directors following the October 2015 funding round.

Related Concepts:

  • Who joined OpenGov's board of directors following the October 2015 funding round?: Marc Andreessen joined OpenGov's board of directors subsequent to the company securing its $25 million Series B funding round in October 2015.

Which firms led OpenGov's $51 million Series D funding round in September 2019?

Answer: Weatherford Capital and 8VC

Weatherford Capital and 8VC led OpenGov's $51 million Series D funding round in September 2019.

Related Concepts:

  • What was the amount of OpenGov's Series D funding round in September 2019, and which firms led the investment?: OpenGov raised $51 million in a Series D funding round in September 2019. This round was led by Weatherford Capital and 8VC, with participation from existing investor Andreessen Horowitz.

Key Milestones and Corporate Developments

Cox Enterprises announced its intention to acquire OpenGov Inc. in January 2024.

Answer: False

Cox Enterprises announced its intention to acquire OpenGov Inc. in February 2024, not January.

Related Concepts:

  • Which major corporation has agreed to acquire OpenGov Inc., and when was this acquisition announced?: Cox Enterprises has agreed to acquire OpenGov Inc. The agreement was announced in February 2024. This acquisition values OpenGov at $1.8 billion, signifying a substantial milestone for the company.
  • What was the valuation of OpenGov when Cox Enterprises agreed to acquire it in February 2024?: When Cox Enterprises agreed to acquire OpenGov in February 2024, the company was valued at $1.8 billion. This acquisition marked a significant financial milestone for the government technology firm.

In April 2020, OpenGov launched the first cloud ERP system specifically designed for federal government agencies.

Answer: False

In April 2020, OpenGov launched the first fully-integrated cloud ERP system specifically designed for local government agencies, not federal ones.

OpenGov and GTY Technology Holdings resolved their legal disputes stemming from a failed merger attempt in March 2020.

Answer: True

In March 2020, OpenGov and GTY Technology Holdings settled their legal disputes that arose from a prior failed merger attempt.

Related Concepts:

  • How did OpenGov and GTY Technology Holdings resolve their legal disputes in March 2020?: In March 2020, OpenGov and GTY Technology Holdings reached a settlement regarding lawsuits that stemmed from a previous attempt at a merger between the two companies. The settlement concluded their legal disagreements.

OpenGov reported a decrease in client interest following the election of President Donald Trump in February 2017.

Answer: False

In February 2017, OpenGov reported an increase in client and job applicant interest, attributing it to a heightened demand for government accountability post-election.

Zac Bookman, CEO of OpenGov, was the only CEO of a small firm invited to a White House tech summit in June 2017.

Answer: True

The Wall Street Journal reported that OpenGov's CEO, Zac Bookman, was the sole CEO of a small firm invited to a White House tech summit in June 2017.

Related Concepts:

  • What connection did OpenGov's CEO, Zac Bookman, have with the White House in June 2017, as reported by The Wall Street Journal?: The Wall Street Journal reported in July 2017 that OpenGov's CEO, Zac Bookman, was among 18 tech leaders invited to a tech summit at the White House in June 2017. He was noted as the only CEO of a small firm present. The report also mentioned that OpenGov had partial ownership by Thrive Capital, a venture firm associated with Joshua Kushner, brother of Jared Kushner.

OpenGov's valuation reached $1.8 billion when Cox Enterprises agreed to acquire it in February 2024.

Answer: True

The acquisition agreement announced in February 2024 valued OpenGov at $1.8 billion when Cox Enterprises agreed to purchase it.

Related Concepts:

  • What was the valuation of OpenGov when Cox Enterprises agreed to acquire it in February 2024?: When Cox Enterprises agreed to acquire OpenGov in February 2024, the company was valued at $1.8 billion. This acquisition marked a significant financial milestone for the government technology firm.
  • Which major corporation has agreed to acquire OpenGov Inc., and when was this acquisition announced?: Cox Enterprises has agreed to acquire OpenGov Inc. The agreement was announced in February 2024. This acquisition values OpenGov at $1.8 billion, signifying a substantial milestone for the company.

Which major corporation has agreed to acquire OpenGov Inc. in February 2024?

Answer: Cox Enterprises

Cox Enterprises has agreed to acquire OpenGov Inc., with the announcement made in February 2024.

Related Concepts:

  • What is the core business and operational status of OpenGov Inc.?: OpenGov Inc. is a privately held technology company specializing in enterprise software. Its primary focus is on providing cloud-based solutions for government entities, aiming to modernize operations and enhance transparency. As of February 2024, the company is undergoing acquisition by Cox Enterprises.
  • Which major corporation has agreed to acquire OpenGov Inc., and when was this acquisition announced?: Cox Enterprises has agreed to acquire OpenGov Inc. The agreement was announced in February 2024. This acquisition values OpenGov at $1.8 billion, signifying a substantial milestone for the company.

What is the valuation of OpenGov Inc. according to the acquisition agreement announced in February 2024?

Answer: 1.8 billion

The acquisition agreement announced in February 2024 valued OpenGov Inc. at $1.8 billion.

Related Concepts:

  • What was the valuation of OpenGov when Cox Enterprises agreed to acquire it in February 2024?: When Cox Enterprises agreed to acquire OpenGov in February 2024, the company was valued at $1.8 billion. This acquisition marked a significant financial milestone for the government technology firm.
  • Which major corporation has agreed to acquire OpenGov Inc., and when was this acquisition announced?: Cox Enterprises has agreed to acquire OpenGov Inc. The agreement was announced in February 2024. This acquisition values OpenGov at $1.8 billion, signifying a substantial milestone for the company.

What significant product did OpenGov launch in April 2020?

Answer: The first fully-integrated cloud ERP system for local government.

In April 2020, OpenGov launched the first fully-integrated cloud ERP system specifically designed for local government.

Related Concepts:

  • What significant product did OpenGov launch in April 2020, and what made it notable?: In April 2020, OpenGov launched the first fully-integrated cloud enterprise resource planning (ERP) system specifically designed for local government. This launch marked a key development in providing comprehensive cloud solutions tailored to the public sector.

How was the legal dispute between OpenGov and GTY Technology Holdings resolved?

Answer: Via a settlement agreement.

The legal dispute between OpenGov and GTY Technology Holdings was resolved via a settlement agreement in March 2020.

Related Concepts:

  • How did OpenGov and GTY Technology Holdings resolve their legal disputes in March 2020?: In March 2020, OpenGov and GTY Technology Holdings reached a settlement regarding lawsuits that stemmed from a previous attempt at a merger between the two companies. The settlement concluded their legal disagreements.

What impact did the election of President Donald Trump have on OpenGov in early 2017?

Answer: Increased interest from clients and potential job applicants seeking accountability.

In early 2017, OpenGov observed increased interest from clients and potential job applicants, attributed to a heightened demand for government accountability following President Donald Trump's election.

Related Concepts:

  • What impact did the election of President Donald Trump have on OpenGov's business interests, as observed in February 2017?: In February 2017, OpenGov reported an increase in interest from both clients and potential job applicants. This surge was attributed to a heightened desire for government accountability following the election of President Donald Trump.

According to The Wall Street Journal, what was notable about OpenGov's CEO, Zac Bookman, at a White House tech summit in June 2017?

Answer: He represented the only small firm CEO present.

The Wall Street Journal noted that OpenGov's CEO, Zac Bookman, was the sole representative of a small firm among the CEOs invited to a White House tech summit in June 2017.

Related Concepts:

  • What connection did OpenGov's CEO, Zac Bookman, have with the White House in June 2017, as reported by The Wall Street Journal?: The Wall Street Journal reported in July 2017 that OpenGov's CEO, Zac Bookman, was among 18 tech leaders invited to a tech summit at the White House in June 2017. He was noted as the only CEO of a small firm present. The report also mentioned that OpenGov had partial ownership by Thrive Capital, a venture firm associated with Joshua Kushner, brother of Jared Kushner.

Market Presence and Client Impact

As of 2024, OpenGov Inc. employs a workforce of approximately 700 individuals.

Answer: True

As of 2024, OpenGov Inc. has approximately 700 employees, reflecting its growth and operational scale.

Related Concepts:

  • What is the current number of employees at OpenGov Inc., as of the latest available information?: As of 2024, OpenGov Inc. has approximately 700 employees. This indicates a significant growth in workforce since its founding.

As of February 2024, OpenGov serves over 2,500 government entities.

Answer: False

As of February 2024, OpenGov serves approximately 1,900 government entities, not over 2,500.

The city of Chicago was OpenGov's very first customer.

Answer: False

The city of Palo Alto was OpenGov's first customer, stemming from a collaboration with California Common Sense.

Scranton, Pennsylvania, partnered with OpenGov to address issues arising from outdated infrastructure and improve operational safety.

Answer: True

Scranton, Pennsylvania, partnered with OpenGov to address issues related to outdated infrastructure, restore public trust, and improve operational safety following cyberattacks and scandals.

Related Concepts:

  • What led Scranton, Pennsylvania, to partner with OpenGov, and what were the stated objectives of this collaboration?: Scranton, Pennsylvania, partnered with OpenGov following a series of cyberattacks and scandals. The city aimed to restore public trust, improve safety, and accelerate its operations by adopting OpenGov's cloud-based ERP system. The city's Business Administrator noted that the partnership would help decrease reliance on outdated infrastructure, as operations had seen little change since the 1980s.

Curry County, Oregon, stopped using OpenGov software in May 2021 due to the high cost of the subscription.

Answer: False

Curry County, Oregon, ceased using OpenGov software in May 2021 due to reported 'glitches' encountered within the system, not high subscription costs.

Durango, Colorado, partnered with OpenGov in September 2021 to prevent financial losses caused by clerical errors and embezzlement.

Answer: True

Durango, Colorado, partnered with OpenGov in September 2021 to enhance transparency and prevent financial losses stemming from past embezzlement and clerical errors.

Related Concepts:

  • What circumstances led Durango, Colorado, to partner with OpenGov in September 2021, and what issues did the city aim to resolve?: Durango, Colorado, partnered with OpenGov in September 2021 to enhance transparency with its citizens. This initiative was prompted by a past incident where the city's former finance director embezzled over $700,000, and significant financial losses occurred due to clerical errors. OpenGov's software was intended to help prevent such issues and provide real-time visibility into city finances.

The city of Los Angeles is utilizing OpenGov's services for its preparations for the 2028 Summer Olympics.

Answer: True

The city of Los Angeles is employing OpenGov's services as part of its preparations for the 2028 Summer Olympics, indicating its use in complex project management.

Related Concepts:

  • How is the city of Los Angeles currently utilizing OpenGov's services?: The city of Los Angeles is using OpenGov's services as part of its preparations for the 2028 Summer Olympics. This suggests the software is being employed for complex project management and financial oversight related to major civic events.

How many government entities did OpenGov serve as of February 2024?

Answer: Approximately 1,900

As of February 2024, OpenGov serves approximately 1,900 government entities.

Related Concepts:

  • How many government entities did OpenGov serve as of February 2024, and what types of entities are included?: As of February 2024, OpenGov serves approximately 1,900 government entities. This customer base includes a diverse range of public organizations such as state agencies, city governments, school districts, and various special districts.

Which city was OpenGov's first customer?

Answer: Palo Alto

The city of Palo Alto was OpenGov's first customer.

Related Concepts:

  • Which city holds the distinction of being OpenGov's very first customer?: The city of Palo Alto was OpenGov's first customer. This partnership emerged from a collaboration between the city and employees from the non-profit California Common Sense, aimed at launching a comprehensive open data platform.

What were the primary reasons Scranton, Pennsylvania, partnered with OpenGov?

Answer: To restore public trust and improve safety after cyberattacks and scandals.

Scranton, Pennsylvania, partnered with OpenGov primarily to restore public trust and improve safety following cyberattacks and scandals, alongside addressing outdated infrastructure.

Related Concepts:

  • What led Scranton, Pennsylvania, to partner with OpenGov, and what were the stated objectives of this collaboration?: Scranton, Pennsylvania, partnered with OpenGov following a series of cyberattacks and scandals. The city aimed to restore public trust, improve safety, and accelerate its operations by adopting OpenGov's cloud-based ERP system. The city's Business Administrator noted that the partnership would help decrease reliance on outdated infrastructure, as operations had seen little change since the 1980s.

Why did Curry County, Oregon, cease using OpenGov software in May 2021?

Answer: Reported 'glitches' encountered within the system.

Curry County, Oregon, ceased using OpenGov software in May 2021 due to reported 'glitches' encountered within the system.

Related Concepts:

  • Why did Curry County, Oregon, decide to stop using OpenGov software in May 2021?: Curry County, Oregon, ceased using OpenGov software in May 2021 due to reported 'glitches' encountered within the system. This decision highlights potential challenges in software implementation or performance for specific users.

What past incident prompted Durango, Colorado, to partner with OpenGov in September 2021?

Answer: Embezzlement by the former finance director and financial losses from errors.

Durango, Colorado, partnered with OpenGov in September 2021 following incidents of embezzlement by its former finance director and significant financial losses due to clerical errors.

Related Concepts:

  • What circumstances led Durango, Colorado, to partner with OpenGov in September 2021, and what issues did the city aim to resolve?: Durango, Colorado, partnered with OpenGov in September 2021 to enhance transparency with its citizens. This initiative was prompted by a past incident where the city's former finance director embezzled over $700,000, and significant financial losses occurred due to clerical errors. OpenGov's software was intended to help prevent such issues and provide real-time visibility into city finances.

How is the city of Los Angeles currently utilizing OpenGov's services?

Answer: As part of preparations for the 2028 Summer Olympics.

The city of Los Angeles is utilizing OpenGov's services in its preparations for the 2028 Summer Olympics.

Related Concepts:

  • How is the city of Los Angeles currently utilizing OpenGov's services?: The city of Los Angeles is using OpenGov's services as part of its preparations for the 2028 Summer Olympics. This suggests the software is being employed for complex project management and financial oversight related to major civic events.

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