OpenGov scoops $15m for transparency platform

May 18, 2014 • Ben Bostock

Andreessen Horowitz and Formation 8 help OpenGov expand its government financial analysis platform.

US-based OpenGov, a web-based government business intelligence platform provider, has raised $15m in series B funding to expand its business intelligence and transparency software.

Andreessen Horowitz led the round, with corporate-backed venture capital firm Formation 8 and Thrive Capital also involved. Formation 8 and Thrive previously participated in a $4m round in July 2013, together with investors including Valiant Capital Partners, Signature Capital and Goldcrest Investments.

The latest investment brings the total raised by OpenGov since its inception in January…

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