Opal

San Francisco, United States Founded: 2020 • Age: 6 yrs
Infrastructure security solutions are delivered through a cloud-based platform.

About Opal

Opal is a Technology company based in San Francisco (United States) founded in 2020. It operates as an infrastructure security solutions are delivered through a cloud-based platform. It operates on a SaaS (Software-as-a-Service) and API-as-a-Product model. Opal has raised $56.8 million across 4 funding rounds from investors including Battery Ventures, Greylock Partners and BoxGroup. Its website opal.dev draws about 56 thousand monthly visits. Opal offers products and services including Opal Platform, Access Review Module, and Risk Layer. Its focus areas include Cybersecurity and Identity and Access Management. Its legal entity is Perma Security Inc. DBA Opal Security. Its competitors include Okta, Ping Identity, ForgeRock, Stytch and JumpCloud and 2 more; 7 of its 7 listed competitors have raised funding.

Company details

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.

  • Headquarters San Francisco, United States
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website opal.dev
  • Social LinkedIn X
  • Legal Name Perma Security Inc. Dba Opal Security
Key Metrics
  • Total Equity Funding
    $56.8M (USD)

    in 4 rounds

  • Latest Funding Round
    $23M (USD), Series C

    Jun 2026

  • Investors

Products & Services of Opal

Opal offers a comprehensive portfolio of products and services, including Opal Platform, Access Review Module, and Risk Layer.

Opal Platform
Identity Security

Access management is provided for secure identity control.

Access Review Module
Compliance Tools

Compliance evidence is offered for audit access decisions.

Risk Layer
Risk Management

Risk scoring is integrated for access security enhancement.

Funding Insights of Opal

Opal has successfully raised a total of $56.8M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $23 million completed in June 2026. 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.

  • Total Funding $56.8M
  • Total Rounds 4
  • Last Round Series C β€” $23M
  • First Round $1.8M

    (Oct 2021)

  • Investors Count 8

All 4 funding rounds of Opal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2026$23MSeries C–Greylock Partners, Battery Ventures
Dec 2023$22MSeries B–Battery Ventures
Jun 2022$10MSeries A––
Oct 2021$1.8MSeed–Greylock
Valuation history

8 investors in total: 5 institutional and 3 angel.

Investors in Opal

Opal has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Battery Ventures, Greylock Partners and BoxGroup.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in technology companies are conducted globally by Battery Ventures.
–battery.com-
Venture capital firm specializing in early-stage tech investments and founder support.
1965greylock.com-
Investing in early-stage tech companies and ideas.
–boxgroup.com-
Venture capital fund investing in cyber security companies
–svci.ioSan Francisco, United States
-
–cambium.vc-

Tim Junio

Co-founder of ThinKuvate, active angel investor in Indian startups
–unknown_7cfee1a4040c4099a-

Evan Reiser

-
–unknown_c557b0521c394fb98-

Andrew Peterson

Angel investor focusing on Indian startups, background in tech and finance.
–unknown_8c627327435a499a8-
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Investor details for Opal

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People of Opal

21 people are tracked at Opal (1 in leadership, 8 in board & advisors, 12 in team).

NameRoleGroup
Alex Maddox
Head Of SalesLeadership
Emilio Escobar
AdvisorBoard & advisors
Keith Mccartney
AdvisorBoard & advisors
Evan Reiser
AdvisorBoard & advisors
Todd Thiel
AdvisorBoard & advisors
Ameet Patel
AdvisorBoard & advisors
Philip Martin
AdvisorBoard & advisors
Tim Howes
AdvisorBoard & advisors
Pedro Canahuati
AdvisorBoard & advisors
Andri B.
Staff Software EngineerTeam
Andrew Sy
Software EngineerTeam
Adrian Pasqualini
Senior Software EngineerTeam
Sravan Reddy
Software EngineerTeam
Rocky McGredy
Technical Account ManagerTeam
kevin koo
AETeam
Chandler Mattice
Enterprise Account ExecutiveTeam
Ryan Riddle
Software EngineerTeam
Jared Andrew Basilio
EngineeringTeam
Evan Leichter
Staff Software EngineerTeam
Anna Hagiwara
Software EngineerTeam

1 more people are available in the full profile.

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Complete people profiles for Opal

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Timeline of Opal

3 dated milestones of Opal across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Opal is founded.
  2. Funding First funding round of $1.8M.
  3. Funding Latest funding round, Series C, of $23.0M.

Competitors of Opal

Opal has 7 listed competitors in our database, 7 of them funded. They include Okta, Ping Identity, ForgeRock, Stytch and JumpCloud, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
okta.com2009San Francisco, United States$228.5M5,908
Cloud-based identity management and authentication are provided for enterprises.
pingidentity.com2002Denver, United States$136.89M821
Cloud-based identity management solutions are provided for enterprises.
forgerock.com2010San Francisco, United States$233.74M353
Cloud-based identity verification solutions are provided for customers.
stytch.com2020San Francisco, United States$146M28
User authentication solutions are provided for modern applications.
jumpcloud.com2012Boulder, United States$408.43M220
Cloud-based directory management for user and IT authentication is provided.
secureauth.com2005Irvine, United States$37.76M44
Platform that features in customer identity and access management solutions
onelogin.com2009San Francisco, United States$172M200
Identity and access management solutions for enterprises are provided.
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Detailed competitors of Opal

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Web traffic of Opal

The website of Opal (opal.dev) receives about 55.7K visits a month.

  • Monthly visits
    55.7K

    ▲ 35.5% vs previous month

Similar websites

Websites whose visitors overlap most with Opal. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
notion.so
100%
178.3M#160View details
github.com
78%
542.6M#65View details
linkedin.com
78%
1.9B#18View details
infoworld.com
infoworld.com
76%
–#87,065–
google.com
74%
85.8B#1View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Cybersecurity & Data Protection

10 companies that operate in the same segment as Opal (Cybersecurity & Data Protection), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
Ledger is recognized for providing secure cryptocurrency hardware wallets.
2014Paris, Ile de France, FranceUSD 575.4 M–802
AI-based software suites are developed for navigation applications.
1893Paris, France–USD 26.01 B83,020
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M–1,898
Cloud-based identity management and authentication are provided for enterprises.
2009San Francisco, California, United StatesUSD 228.5 MUSD 2.92 B7,934
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Identity security solutions are provided to secure identities across infrastructures.
1999Petah Tikva, Central District, IsraelUSD 59 MUSD 1 B3,790
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Related news about 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 $56.8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Oct 2021.

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 8 investors. Key investors include Battery Ventures, Greylock Partners, BoxGroup, SVCI, and Tim Junio.

Opal operates through Perma Security Inc. Dba Opal Security.

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