About Opal
Opal is a company based in San Francisco (United States) founded in 2020. It operates as a SaaS (Software-as-a-Service) and API-as-a-Product. Opal has raised $33.8 million across 3 funding rounds from investors including Battery Ventures, Greylock Partners and BoxGroup. Opal offers products and services including Opal Platform, Access Review Module, and Risk Layer. Opal operates in a competitive market with competitors including Okta, Ping Identity, ForgeRock, Stytch and JumpCloud, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Perma Security Inc. Dba Opal Security
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$33.8 M (USD)
in 3 rounds
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Latest Funding Round
$22 M (USD), Series B
Dec 07, 2023
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Investors
Battery Ventures
& 6 more
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Employee Count
Not available
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Products & Services of Opal
Opal offers a comprehensive portfolio of products and services, including Opal Platform, Access Review Module, and Risk Layer.
Access management is provided for secure identity control.
Compliance evidence is offered for audit access decisions.
Risk scoring is integrated for access security enhancement.
People of Opal
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Funding Insights of Opal
Opal has successfully raised a total of $33.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Opal
Opal has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Battery Ventures, Greylock Partners and BoxGroup.
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Investments in technology companies are conducted globally by Battery Ventures.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Investing in early-stage tech companies and ideas.
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Investor details for Opal
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Opal
Investment portfolio details for Opal
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Opal
Detailed financials for Opal
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- Profit trends
- Statement rows
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Opal Comparisons
Peer comparison for Opal
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Opal
Opal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Okta, Ping Identity, ForgeRock, Stytch and JumpCloud, among others.
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Cloud-based identity management and authentication are provided for enterprises.
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Cloud-based identity management solutions are provided for enterprises.
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Cloud-based identity verification solutions are provided for customers.
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User authentication solutions are provided for modern applications.
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Cloud-based directory management for user and IT authentication is provided.
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Platform that features in customer identity and access management solutions
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Detailed competitors of Opal
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Latest news on Opal
Complete news archive for Opal
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Frequently Asked Questions about Opal
Opal was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Opal is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Opal is a funded company, having raised a total of $33.8M across 3 funding rounds to date.
Opal is established as a provider of identity security and access management solutions. Services are focused on runtime access decisions with a security-first and AI-proofed approach. The platform is built for scale, speed, and intelligence, integrating with DevOps workflows through Terraform, SOAR, and CLI support. Risk scoring and recommendations are adapted to evolving environments for direct remediation. Solutions are offered to manage access for corporate applications, cloud services, and non-human identities across various sectors including technology and compliance.
Opal's top competitors include Ping Identity, Okta and ForgeRock.
Opal offers Opal Platform, Access Review Module, and Risk Layer.
Opal has 7 investors. Key investors include Battery Ventures, Greylock Partners, BoxGroup, SVCI, and Tim Junio.