Motorola Solutions Picks Up Openpath as Security Tech Consolidates

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

Motorola Solutions Picks Up Openpath as Security Tech Consolidates

Nearly a year after Culver City-based cloud-based security company Openpath raised $36 million, the company announced it was acquired by Chicago-based Motorola Solutions. Terms of the deal were not disclosed.


Created by serial entrepreneurs Alex Kazerani and James Segil, Openpath started in 2016 as an alternative to building security keycards.

The 87-person company expects to retain their headquarters while Kazerani and Segil will report to John Kedzierski, manager of the video security and analytics department at Motorola Solutions.

From left: Openpath founders James Segil and Alex Kazerani.

Openpath leverages a three-tier cloud-based encryption method to make the process of entering buildings virtually frictionless by connecting the door sensor to the mobile phone in three different ways. When an employee waves their hand at the sensor, it will connect to the phone and unlock the door.

The same technology can be implemented at elevators, parking lots and other large-scale enterprises.

The acquisition will help Motorola Solutions, a largely enterprise-focused communications company behind a slew of communication products for police officers, firefighters and retail stores, expand further into the physical space. The publicly traded company has been gobbling up security firms in recent years, including video surveillance venture Avigilon in 2018. Last year it picked up the Fresno-based video security upstart Pelco for $110 million.

"All of that has been to build an end-to-end portfolio in the physical security space," Kedzierski said. "So from video to access to analytics that tie all of that together."

The physical security space is a fast-growing industry, partly due to companies adopting the popular software-as-a-service business model.

Segil said Openpath hopes to leverage Motorola's large sales team, supply-chain capabilities and "credibility with large enterprise customers who we are increasingly selling our products and services to."

The article has been updated to accurately reflect the number of employees at Openpath.

https://twitter.com/KeerthiVedantam
keerthi@dot.la

Subscribe to our newsletter to catch every headline.

Cadence

Diankha Linear on How Community Is Revolutionizing Text Marketing

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

​Diankha Linear
Diankha Linear

On this episode of Office Hours, Community CEO Diankha Linear joins host Spencer Rascoff to discuss her foray into the startup world and the strategic approaching to scaling up.

Read moreShow less
https://twitter.com/spencerrascoff
https://www.linkedin.com/in/spencerrascoff/
admin@dot.la

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

***

Read moreShow less

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M
This Week in ‘Raises’: ContractSafe Inks $27.5M, Deal Box Collects $125M

A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.

***

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending