OpenText is a software company that develops and sells enterprise information management software.
OpenText enables the digital world, creating a better way for more than 100,000 organizations to work with information, on premises or in the cloud.
OpenText Corporation was founded in 1991 by University of Waterloo professors Frank Tompa, Timothy Bray, and Gaston Gonnet. The company is headquartered in Waterloo, Ontario, Canada with offices in UK, India, Netherlands & Europe, Middle East and Africa.
OpenText was Canada's largest software company as of 2014 and recognized as one of Canada's Top 100 Employers 2016 by Mediacorp Canada Inc.
OpenText Corp has raised a total of $125M in 3 funding rounds. Before it went public on Feb 2, 1996 the company raised $25M in Series Round on May 1, 2001 and the received $100M after it went public, in a Post IPO-Equity funding.
Opentext has Acquired 40 companies. Most recently on on Jul 26, 2017 the company bought Guidance Software for $240M.