About OPAQ
OPAQ is a company based in Herndon (United States) founded in 2013 was acquired by Fortinet in July 2020.. OPAQ has raised $81.36 million across 6 funding rounds from investors including Fortinet, Greenspring Associates and Columbia Capital. OPAQ has completed 3 acquisitions, including Bat Blue Networks, Drawbridge Networks and FourV Systems. OPAQ operates in a competitive market with competitors including Spirent, Allot, Juniper Networks, RedSeal and Tufin, among others.
- Headquarter Herndon, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$81.36 M (USD)
in 6 rounds
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Latest Funding Round
$22.5 M (USD), Series B
Apr 11, 2018
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Investors
Fortinet
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bat Blue Networks
& 2 more
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Acquired by
Fortinet
(Jul 20, 2020)
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Funding Insights of OPAQ
OPAQ has successfully raised a total of $81.36M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $22.5 million completed in April 2018. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $22.5M
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First Round
First Round
(14 Apr 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series B - OPAQ | Valuation | Greenspring Associates | |
| Mar, 2018 | Amount | Series B - OPAQ | Valuation |
investors |
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| Jan, 2017 | Amount | Series A - OPAQ | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OPAQ
OPAQ has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Fortinet, Greenspring Associates and Columbia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management firm
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Founded Year | Domain | Location | |
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US tech companies are funded across stages by Columbia Capital.
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Founded Year | Domain | Location | |
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Venture capital is provided to expansion-stage software and tech firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OPAQ
OPAQ has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bat Blue Networks, Drawbridge Networks and FourV Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform that provides data analytics and machine learning tools
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2015 | ||||
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Agent-based micro-segmentation is delivered for data center security.
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2014 | ||||
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Cloud-based network security solutions are delivered for enterprise assets.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OPAQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Opaq Comparisons
Competitors of OPAQ
OPAQ 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 Spirent, Allot, Juniper Networks, RedSeal and Tufin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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| domain | founded_year | HQ Location |
Cloud-based platform is used for network management and optimization.
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| domain | founded_year | HQ Location |
Provider of cyber-security analytics platform
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| domain | founded_year | HQ Location |
Fire-wall based network security solutions
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| domain | founded_year | HQ Location |
Cyber threat intelligence, analytics, and management platform is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Opaq
Frequently Asked Questions about OPAQ
When was OPAQ founded?
OPAQ was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is OPAQ located?
OPAQ is headquartered in Herndon, United States. It is registered at Herndon, Virginia, United States.
Is OPAQ a funded company?
OPAQ is a funded company, having raised a total of $81.36M across 6 funding rounds to date. The company's 1st funding round was a Series A of $21M, raised on Apr 14, 2015.
What does OPAQ do?
OPAQ was founded in 2013 and is headquartered in Herndon, United States. Cloud-based network security is provided by the company, encompassing firewall as-a-service, web application firewall, cloud SIEM, ransomware and threat mitigation, MPLS alternatives, backhaul offload, and endpoint protection. Services are extended to sectors including retail, healthcare, finance, government, education, and manufacturing, with operations focused on secure networking infrastructure.
How many acquisitions has OPAQ made?
OPAQ has made 3 acquisitions, including Bat Blue Networks, Drawbridge Networks, and FourV Systems.
Who are OPAQ's investors?
OPAQ has 4 investors. Key investors include Fortinet, Greenspring Associates, Columbia Capital, and Harmony Partners.