What is OpenLegacy?
Founded in 2014 and headquartered in Princeton, New Jersey, OpenLegacy provides a specialized enterprise API integration platform. The company addresses the persistent challenge of digital transformation by allowing businesses to expose core legacy assets—such as mainframes and complex databases—as microservices. This approach facilitates the rapid deployment of innovative digital services without the need for costly and risky rip-and-replace strategies. By focusing on the most difficult aspects of application integration, OpenLegacy serves as a vital middleware layer for large-scale enterprises seeking to maintain operational stability while pursuing aggressive digital growth strategies.
How much funding has OpenLegacy raised?
OpenLegacy has raised a total of $50.1M across 3 funding rounds:
Other Financing Round
$30M
Private Equity
$20M
Debt
$150K
Other Financing Round (2018): $30M with participation from Silverhorn Investment Advisors, CommerzVentures, RDC, C. Entrepreneurs, O.G. Tech Ventures, Prytek-GFS Group, and Leumi Partners
Private Equity (2020): $20M led by SBI Holdings
Debt (2020): $150K supported by PPP
Key Investors in OpenLegacy
CommerzVentures
An independent venture capital firm that backs early-stage FinTech and InsurTech companies, providing access to key decision-makers in the financial services sector.
RDC
A Tel Aviv-based venture firm that leverages extensive in-house R&D and financial expertise to support early-stage digital ventures in cloud and mobile technologies.
SBI Holdings
A diversified Japanese financial services conglomerate with a global footprint, focusing on digital innovation, blockchain, and strategic private equity investments.
What's next for OpenLegacy?
With the infusion of this recent capital, OpenLegacy is well-positioned to scale its go-to-market operations and deepen its technological moat. The company is expected to prioritize the expansion of its API management capabilities and enhance its support for hybrid cloud architectures. As enterprises continue to prioritize digital agility, OpenLegacy's ability to provide seamless connectivity will likely remain a key differentiator. Future growth will likely focus on strengthening its presence in global markets and fostering deeper partnerships with financial institutions and large-scale service providers, ensuring that its integration platform remains the standard for legacy-to-digital modernization.
See full OpenLegacy company page
