Demand for Secure and Private Data Security Architecture Grows as Open Raven Wins New Customers and Investment

The company launched expanded multi-cloud capabilities and entered a strategic partnership with In-Q-Tel

(LOS ANGELES, April 12, 2023) – Open Raven – the data security posture management company helping prevent cloud data leaks, breaches, and compliance incidents – announced increased demand from new enterprise customers like Deserve Inc., a new strategic partner, In-Q-Tel Inc., and expanded multi-cloud capabilities, including support for Google Cloud Platform and Snowflake.

The Open Raven Data Security Platform is secure and private by design. Its unique serverless architecture allows deep analysis and accurate classification of cloud data where it lies without opening holes for potential attackers to exploit. Deserve, a leading mobile-first credit card platform built on a cloud-native and API-enabled architecture, chose Open Raven for these reasons, providing full cloud data visibility and control for security teams with touchless data scanning and robust customizations. 

"In a heavily regulated industry, our data needs to stay where it belongs," said Deserve Chief Information Security Officer Henric Andersson. "Open Raven conducts scanning alongside our data using cost-effective and self-contained serverless functions with account-specific read-only permissions. We maintain control, and our data never leaves our environment."

In-Q-Tel, the not-for-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to U.S. government agencies and their allies, also selected Open Raven for its architecture and entered a strategic partnership with Open Raven. 

"For more than 20 years, the intelligence and defense communities have relied on our team to anticipate their technology questions and needs, and achieve solutions," said In-Q-Tel Senior Partner, Investment Team Katie Gray. "U.S. intelligence and defense communities need to understand where their data is and how it's secured to execute the administration's Zero Trust initiative. The Open Raven Data Security Platform stood out for its security, privacy, and best of breed discovery and classification capabilities."

Amidst rapid customer growth and increased investments, Open Raven also announced platform expansion with new multi-cloud capabilities, including support for Google Cloud Platform and Snowflake, and advanced data classification capabilities with support for file metadata and custom composite data classes. 

"In this rapidly maturing category, we see room for different approaches," said Open Raven CEO Dave Cole. "Our approach satisfies the most stringent requirements for privacy and security, which includes privacy-sensitive organizations such as In-Q-Tel and their sponsors, and the sophisticated needs of engineering-first companies such as Deserve."

For more information, read the blog post.

About Open Raven 

Open Raven is the data security posture management company that prevents leaks, breaches, and compliance incidents. For security teams with modern cloud infrastructures to locate and secure sensitive, toxic, and exposed data across clouds within hundreds or thousands of accounts, billions of objects, and petabytes of data, existing tools don't work. The Open Raven Data Security Platform is the secure, private, budget-safe solution that closes data visibility gaps – and just works. Learn more at openraven.com or follow us @openraven.

About Deserve

Deserve Inc. is a leading mobile-first credit card platform built on a cloud-native and API-enabled architecture, which allows partners to offer superior personalized experiences for cardholders. We partner with financial institutions, fintechs, lenders, and merchant co-brands. Deserve Inc. is headquartered in Palo Alto, California and is a venture-backed fintech whose investors include Goldman Sachs, Mastercard, AssetManagement, Visa, Sallie Mae, Ally Ventures, Pelion Venture Partners, Aspect Ventures, and Mission Holdings. www.deserve.com