Tech Company Financing Transactions
Opal Security Funding Round
On 12/7/2023, Opal Security raised $22 million in Series B investment from Battery Ventures, BoxGroup and Greylock Capital.
Transaction Overview
Company Name
Announced On
12/7/2023
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors
Proceeds Purpose
The new tranche will be put toward doubling Opal's 30-person team by the end of 2024, scaling its enterprise customer support org and ramping up product development, founder and CEO Umaimah Khan told TechCrunch in an email interview.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
600 California Street
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a unified identity management platform designed for modern enterprises. The company aggregates identity and access data to provide visibility and defense-in-depth infrastructure for mission-critical systems, enabling enterprises to discover anomalous identity risks and remediate them in minutes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Jan Hellmich
Co-Founder
Stephen Cobbe
Co-Founder
Umaimah Khan
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