Thursday, July 16, 2020

Openpath Adds $36M For Keyless Entry Systems

Los Angeles-based Openpath, which is developing keyless door access systems--and which is headed by LA tech veterans James Segil and Alex Kazerani--said on Thursday that it has raised $36M in a new funding round. The new funding brings the company's raised to $63M. The new funding was led by Greycroft Partner. Segil and Kazerani are longtime veterans of the LA startup and technology industry, having previously founded Edgecast, which they sold to Verizon for approximately $400M.

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