OpenView Announces $570M Fund VII

March 27, 2023Client News

Gunderson Dettmer represented client OpenView in the formation of its $570 million fund, Fund VII. The company will use its seventh fund to partner with high-growth software startups. The firm invests globally across all business software categories including infrastructure, applications, cybersecurity, and vertical software.

In the announcement of the fund formation, operating partner at OpenView Kyle Poyar said, “OpenView is dedicated to helping its portfolio companies with meaningful and measurable value that accelerates their journey through the expansion stage. Whether it’s running a pricing project, placing an executive hire, connecting a founder to a top-tier CMO, or helping companies access capital markets, our Expansion Platform removes hurdles to unlock growth.”

The Gunderson Dettmer deal team was led by Nick Guttilla and included Emma Eriksson Broomhead and David Myerson.