OpenLegacy

All-in-one Modernization Platform for Legacy Systems

Business Software
Active
Mature Petah Tikva Founded 2013
Total raised
$61.0M
Last: Series C 2020-02
Stage
Mature
Founded
2013
Headcount
69
HQ
Petah Tikva
Sector
Business Software

About

OpenLegacy is the developer of a revolutionary digital-driven integration platform for connecting application integrations with legacy systems, mainframes, applications, and databases. OpenLegacy delivers enterprise modernization without disruption, enabling organizations to automatically generate digital services from any legacy source, deploy them to any cloud environment or framework, extend their functionality, add business logic, and manage these legacy assets in a reusable, discoverable, and easy-to-use way, all without any changes to the underlying legacy applications. The OpenLegacy solution is designed to elevate legacy applications to their proper standing in modern digital architecture while enabling customers to achieve results such as a 90% improvement in TTM (from 6 months to days per service) or a 20X reduction in cost (from $200K to $10K per service), dramatically expediting and enhancing their digital transformation journey.

Funding history · 4 rounds · $61.0M total

2020-02
Series C $20.0M
2018-11
Series B $30.0M
2016-12
Series A $7.0M
2014-05
Seed $4.0M

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsData Architecture
Technologies
Platforms & InterfacesAPIData StorageCloud
Target customers
Commerce & RetailDistribution ChannelsBrick & MortarConsumer GoodsIndustrial ManufacturingDiscrete IndustriesAutomotiveFinancial ServicesFinancial InstitutionsBanksHealthcare & Life SciencesHealthcareProvidersCommunication ServicesDiversified Telecommunication ServicesFood Retail & Consumption
Business model
B2BB2G

Highlights

Verified

Tags

big-data-analyticsmicroservicesoperations-optimizationenterprise-solutionsitenterprisesapimobile-platformlegacy-softwarefinancial-institutionsgovernmentmanufacturing-facilitiesorchestrationinsurance-companies