Opal Security Raises $22M in Series B Funding

Opal Security

Opal Security, a San Francisco, CA- and NYC-based identity security and access management company, raised $22M in Series B funding.

The round, which brought the total amount to $32M, was led by Battery Ventures, with participation from existing investors Greylock and Box Group.

The company intends to use the funds to expand its global team, scale enterprise customer support and ramp up new product development, including a new suite of visualization and AI tools to remediate identity risk. Opal Security is currently hiring San Francisco, New York, and remote-based employees across all departments.

Led by CEO Umaimah Khan, Opal Security offers an identity platform for enterprises, aggregates identity and access data to provide customers with the visibility and defense-in-depth infrastructure they need for their mission-critical systems. Enterprises can discover anomalous identity risks and remediate them in minutes.

Customers like Databricks, Figma and Scale AI use Opal Security to govern and adapt sensitive access.

FinSMEs

08/12/2023