OpenText logo — Information Reimagined

OpenText

Information Reimagined

Founded 1991 Canada Waterloo, Canada 22863 employees IPO Total: $2.16B Media

General Information

Company Name OpenText
Founded Year 1991
Location Canada Waterloo, Canada
Employees 22863
Industries Media
Funding Stage IPO
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Service Fee, Licensing
Offices as of Oct 2026
CA ON Waterloo N2L 0A1, CA ON Waterloo N2L 0A1 CA Ontario Richmond Hill L4B 4N8, CA Ontario Richmond Hill L4B 4N8 GB Berkshire Reading RG6 1PU, GB Berkshire Reading RG6 1PU US Colorado Broomfield 80021, US Colorado Broomfield 80021 IN Telangana Hyderabad 500081, IN Telangana Hyderabad 500081 PH National Capital Region Makati, PH National Capital Region Makati CA QC Montreal H3C 2N6, CA QC Montreal H3C 2N6 US California Menlo Park 94025, US California Menlo Park 94025 US Georgia Alpharetta 30009, US Georgia Alpharetta 30009 US Kentucky Lexington 40511, US Kentucky Lexington 40511 US Maryland Gaithersburg 20878, US Maryland Gaithersburg 20878 US New Jersey Tinton Falls 07712, US New Jersey Tinton Falls 07712
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Oct 30, 2026

OpenText India partnered with Nirmaan Organization for the Village Adoption Program in Telangana.

Major Customer Win Oct 26, 2026

OpenText highlights Mondelēz International as a major customer utilizing its information management and AI solutions.

Event Participation Oct 20, 2026

OpenText kicked off its annual event, OpenTextWorld 2026, with executive leaders setting the tone for the Agentic Enterprise.

Promotion Launched Oct 20, 2026

OpenText is offering a complimentary certification exam for all attendees of OpenText World.

In The News Oct 15, 2026

Featured on Kalkine Media: OpenText (TSX:OTEX): Is A Sharper AI Focus Setting Up Its Next Results?

Growth Metrics Oct 07, 2026

OpenText reports that over 330,000 clients around the world rely on them every day to run critical platforms.

About OpenText

OpenText, a prominent Cloud and AI company, stands at the forefront of Information Management, serving over 120,000 enterprise customers worldwide, including 98 of the top global enterprises. Founded in 1991 in Waterloo, Canada, the company has evolved from digitizing the Oxford English Dictionary to becoming a global leader in the sector.

With a comprehensive suite of Business AI, Cloud solutions, and advanced technological offerings, OpenText helps organizations innovate and operate securely and efficiently. The company's commitment to an AI-first culture underscores its dedication to fostering a collaborative and inclusive work environment, aiming to empower digital knowledge workers and deliver future-ready solutions.

The company's recent financial activities include a significant $1.00B post-IPO debt investment dated 01 November 2022, showcasing strong investor confidence in its strategic direction and potential for sustained growth.

Business keywords: Enterprise Information Management, Information Security, Enterprise Content Management, Digital Experience, Customer Experience Management, Customer Communications Management, Unstructured Data Management, Information Exchange, Cyber Security, Business Technology, Information Management

Services & Products

Professional Services
Customer Success Services
Managed Services
Learning Services

Target Customers

Enterprises Financial Institutions Government Agencies Healthcare Providers Manufacturers Retailers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt $1.00B -
01 Sep 2026
Post-IPO Debt $1.00B -
01 Nov 2022
Post-IPO Equity $100.00M -
01 Jan 2014
IPO $61.00M -
01 Feb 1996
Spinout Undisclosed 1
University of Waterloo
01 Jun 1991

OpenText Alternatives & Competitors

OpenText vs

Delivering excellence in next-generation technology

65 employees
IT, IT Infrastructure
OpenText vs
TwelveLabs
TwelveLabs United States

Building the world's most powerful video understanding platform.

Series A
150 employees
AI, Information Technology
OpenText vs
Foleon
Foleon The Netherlands

Create content that counts.

Series C
115 employees
Media

FAQ About OpenText

Information Reimagined
OpenText was founded in 1991.
OpenText is headquartered in Waterloo, Canada. As of Oct 2026, it also has offices in CA ON Waterloo N2L 0A1, CA ON Waterloo N2L 0A1, CA Ontario Richmond Hill L4B 4N8, CA Ontario Richmond Hill L4B 4N8, GB Berkshire Reading RG6 1PU, GB Berkshire Reading RG6 1PU, US Colorado Broomfield 80021, US Colorado Broomfield 80021 and IN Telangana Hyderabad 500081, IN Telangana Hyderabad 500081.
OpenText operates in Media. Its work centres on Enterprise Information Management, Information Security, Enterprise Content Management and Digital Experience. Its customers include Enterprises, Financial Institutions and Government Agencies.
OpenText has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Service Fee and Licensing.
OpenText has approximately 22863 employees.
OpenText has completed 5 funding rounds, raising a total of $2.16B. The latest funding stage is IPO.
OpenText offers: Professional Services, Customer Success Services, Managed Services, Learning Services.
Top alternatives and competitors to OpenText include INC Technologies, TwelveLabs, Foleon, 123FormBuilder, Mitel. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OpenText and INC Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OpenText, https://bouncewatch.com/company/opentext, updated 13 October 2026. When citing, please name BounceWatch and link this page.

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