OpenGov has acquired Cartegraph to enhance its cloud software solutions for local governments, positioning itself for growth in the rapidly modernizing public sector.
Target Information
OpenGov, a prominent leader in modern cloud software designed specifically for local, state, and federal governments in the United States, has recently expanded its portfolio by acquiring Cartegraph. Cartegraph is recognized for its innovative cloud software solutions that enhance the operational capabilities and infrastructure asset management of public agencies. This strategic acquisition combines the strengths of both companies, facilitating a comprehensive suite of tools aimed at modernizing government functions and improving public service delivery.
With a focus on developing efficient solutions tailored for governmental needs, Cartegraph provides a suite of software that enables public works, utilities, parks, and facilities teams to manage their assets more effectively. This merger aims to leverage OpenGov's robust cloud infrastructure alongside Cartegraph's operational excellence to better serve government entities.
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Industry Overview
The public sector is currently experiencing a rapid transformation, fueled by various factors including workforce changes, a surge in cybersecurity threats like ransomware attacks, and a significant influx of federal stimulus funds. These changes have catalyzed an incre
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OpenGov
invested in
Cartegraph
in 2022
in a Buy & Build / Roll-Up deal