OpenView Venture Partners Surpasses More than $100 Million in Investment in Boston Area Companies, Affirming its Commitment to the Region’s Innovation Economy
BOSTON, MASSACHUSETTS (PRWEB) JANUARY 25, 2016 — OpenView Venture Partners, the leading expansion stage venture capital firm, has surpassed more than $100 million in investment in Boston area technology startups. Since the firm’s founding in 2006, it has actively invested in its own backyard, helping to build Boston into one of the nation’s leading tech capitals. The firm has also helped several of its investments open offices and expand in the area. In addition to capital injections, OpenView has made more than 275 hires across sales, marketing and engineering for its companies with presence in Boston as well as for its own internal operations over the last decade.
“Boston has long been a hub for innovation,” said Scott Maxwell, OpenView’s Founder, an MIT graduate. “We’re thrilled to support entrepreneurship in and around the region and look forward to continuing to uphold the city’s reputation as a center for leadership in the technology sector.”
Recently, Massachusetts was named the most innovative state in America by Bloomberg and spends more than any region in the world on research and development. GE’s move to relocate their global headquarters to Boston, specifically the tech-centric Seaport District, is only set to further accelerate the innovation produced by and success of Boston’s startup community.
In addition to OpenView’s deep ties to Boston’s entrepreneurial community, the firm invests heavily in closing the talent gap in tech both in Boston and across the US. Community efforts and involvement with local organizations like Startup Institute,Resilient Coders and BUILD help to support that initiative. OpenView is also actively involved in Boston area philanthropic organizations including Habitat for Humanity, the Anti-Defamation League, Greater Boston Food Bank, Boston Marathon Foundation, Big Brothers Big Sisters and more.
About OpenView Venture Partners
OpenView is a venture capital firm with $700 million in total capital under management that invests in expansion stage software companies. Founded in 2006 and headquartered in Boston, MA, OpenView provides its portfolio with value-add services through OpenView Labs. Programs range from recruiting to market research and marketing and sales strategy. For more information, visit openviewpartners.com.