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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
OpenGovInc, a govtech startup, has secured a significant majority investment valued at $1.8B from CoxEnterprises. The investment is one of the largest in GovTech history and is expected to accelerate product development and improve communities. The partnership aims to transform local governments in the U.S. and has garnered congratulations from various backers and supporters, including JC2Ventures and fcollective.
MyPOV: @CoxEnterprises buys gov tech leader @OpenGovInc for $1.8Bhttps://bit.ly/4bVvPTE @Mike_Wheatley @SiliconANGLE @holgermu @constellationr >> Cox gets into software, in a specialty vertical, OpenGov gets a chance to invest into product. #MarketMove
“With this investment, one of the largest in GovTech history, we intend to accelerate product development, advance our mission, and improve communities for generations to come.” – @ZacBookman / @OpenGovInc #ProudInvestor https://t.co/OfpCtX2cqV
Major congrats to JC2-backed @OpenGovInc, who today announced a majority investment from @CoxEnterprises, valued at $1.8B! Excited to see how this partnership will transform our nation’s local governments – kudos to @ZacBookman & the entire #startup team! https://t.co/rpWQJgcAun
