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OPEN8 - About the company

OPEN8 is a series D company based in Shibuya (Japan), founded in 2015. It operates as an AI-enabled video editing software developer. OPEN8 has raised $20.5M in funding from investors like Mitsubishi UFJ Capital, Aidma Holdings and HIS. The company has 1219 active competitors, including 227 funded and 80 that have exited. Its top competitors include companies like Ambarella, OpusClip and Wondershare.

Company Details

AI-enabled video editing software developer. The company has developed a cloud-based editing platform named 'Video Brain'. Other products developed by the company include an Ad-Tech video marketing platform, 'Lutron' which is a lifestyle video content distribution platform.
Social
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Email ID
*****@open8.com
Registered Address
na
Key Metrics
Founded Year
2015
Location
Shibuya, Japan
Stage
Series D
Total Funding
$20.5M in 6 rounds
Latest Funding Round
Ranked
Employee Count
11 - 50 as on Jul 01, 2024
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OPEN8's funding and investors

OPEN8 has raised a total funding of $20.5M over 6 rounds. Its first funding round was on Oct 28, 2015. Its latest funding round was a Series D round on Jan 22, 2024 for $*****. 6 investors participated in its latest round. OPEN8 has 16 institutional investors.

Here is the list of recent funding rounds of OPEN8:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 22, 2024
5294622
Series D
5010087
1899713
3243443
2761208
Jan 29, 2021
8075708
Conventional Debt
7856866
9847769
3150625
Jan 29, 2021
4845127
Series B
9649593
7992425
8586636
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OPEN8's founders and board of directors

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OPEN8's employee count trend

OPEN8 has 11 - 50 employees as of Jul 24. Here is OPEN8's employee count trend over the years:
Employee count trend for OPEN8
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OPEN8's Competitors and alternates

Top competitors of OPEN8 include Ambarella, OpusClip and Wondershare. Here is the list of Top 10 competitors of OPEN8, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ambarella
Ambarella
2004, Santa Clara (United States), Public
Manufacturer of AI-enabled image processors
$15.4M
71/100
2nd
Logo for OpusClip
OpusClip
2022, Redwood City (United States), Series A
Provider of AI video editing tools for short-form content creation
$50M
68/100
3rd
Logo for Wondershare
Wondershare
2003, Vancouver (Canada), Series B
Developer of software for video editing, PDF management, and data recovery
$10M
67/100
4th
Logo for TrueFan AI
TrueFan AI
2020, Gurugram (India), Series A
Provider of AI-powered platform for personalized, multilingual video content creation
$11.1M
66/100
5th
Logo for Voxel AI
Voxel AI
2020, San Francisco (United States), Series B
Developer of safety intelligence platform
$83M
65/100
6th
Logo for Ecopia
Ecopia
2013, Toronto (Canada), Series B
Provider of AI-based mapping systems generating high-definition vector data
$12.6M
65/100
7th
Logo for SundaySky
SundaySky
2007, New York City (United States), Acquired
Provider of an enterprise video platform for personalized customer engagement
$67.1M
65/100
8th
Logo for nyris
nyris
2015, Berlin (Germany), Series A
Developer of visual search technology for product and spare part identification
$10.8M
65/100
9th
Logo for Descript
Descript
2017, San Francisco (United States), Series C
Automated transcribing solution provider for audio files
$101M
64/100
10th
Logo for Deepomatic
Deepomatic
2014, Paris (France), Acquired
AI-powered platform for automated quality control in field operations
$19.7M
63/100
87th
Logo for OPEN8
OPEN8
2015, Shibuya (Japan), Series D
AI-enabled video editing software developer
$20.5M
46/100
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OPEN8's Investments and acquisitions

OPEN8 has made no investments or acquisitions yet.

Reports related to OPEN8

Here is the latest report on OPEN8's sector:

News related to OPEN8

Open8 gets creative in $13m series AGlobal Corporate VenturingOct 11, 2018OPEN8, World Innovation Lab, SPARX Group
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FAQs about OPEN8

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