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Opal Secures $10M For Dynamic Access Management

Jun 06, 2022•about 3 years ago

Amount Raised

$10 Million

San FranciscoSoftware

Description

Opal, a platform that decentralizes access management for enterprise customers, today announced that it raised $10 million in a Series A funding round led by Greylock. CEO Stephen Cobbe says that the proceeds will be put toward product development and expanding the size of Opal’s 25-person team.

Company Information

Company

Opal

Location

San Francisco, California, United States

About

Opal is a next-generation access management platform. Through rich integrations, Opal allows companies to design intelligent access policies across developer infrastructure, popular SaaS applications, and custom internal tools. Without agents or proxies, companies can implement Opal in minutes. Backed by Greylock Partners, Opal is based in San Francisco and New York. For more information, please visit www.opal.dev or reach them at hello@opal.dev.

FundzWatch™ Score

86
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech