Opal Raises $10M in Series A Funding

opal

Opal, a San Francisco and New York-based platform that enables enterprises to manage employee access scalably with a focus on reducing the amount of access granted, closed a $10m Series A funding round.

The round was led by Greylock.

The company intends to use the funds to expand operations and its business reach.

Led by Stephen Cobbe, CEO, Opal provides a security platform that enables organizations to implement least privilege at scale. Through a combination of insights and workflows, it decentralizes access management away from overburdened teams. Its focus on integrations allows employees to request granular access including databases, Salesforce roles, GitHub repos, Okta groups, and more. Opal also offers workflows for conducting company-wide access reviews to make it easier to meet compliance standards and keep access footprint down.

Currently, it is the access management tool of leading technology companies across a range of industries including Databricks, Blend, and Marqeta.

FinSMEs

07/06/2022