Tech Company Financing Transactions
Opal Funding Round
Greylock Partners and private investors participated in a $10 million Series A funding round for Opal. This venture round was announced on 6/6/2022.
Transaction Overview
Company Name
Announced On
6/6/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Greylock Partners (Lead Investor) (Saam Motamedi)
Proceeds Purpose
The proceeds will be put toward product development and expanding the size of Opal's 25-person team.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
415 Mission St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission: Accelerate the development of software by removing the pain of permission management. Opal's founders were both software engineers and engineering managers. One of their biggest pain points was having their team get access to the right tools. Access requests often took days and weeks.
Management Team
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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