Opster: Raises USD5M in Funding

Opster Raises USD5M in Funding

  • Opster, a Tel Aviv, Israel-based developer of a platform for managing enterprise search engines and databases, raised $5m in funding
  • The round was led by Jal Ventures Fund
  • The company intends to use the funds to to accelerate the development process and hire new employees
  • The platform enables companies to automate many functions that are currently managed manually
  • Customers include companies from around the globe, including Bloomberg, Check Point, Palo Alto, LivePerson, Cybereason and Coupa
  • The company employs 30 people, most of them in the development center in Tel Aviv
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...

Hacked DeFi Platform Drift Secures Funds to Repay Customers

Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...