About Opaque
Opaque is a Technology company based in Berkeley (United States) founded in 2019 by Raluca Ada Popa, Chester Leung, Wenting Zheng, Ion Stoica, and Rishabh Poddar, and was acquired by Anthropic in October 2026. It operates as a cloud and AI based analytics for encrypted cloud data. Opaque has raised $55.5 million across 4 funding rounds from investors including Anthropic, Accenture and Fox Factory. The company has 21 employees. Its chief executive is Aaron Fulkerson. Its website opaque.co draws about 14 thousand monthly visits. Opaque offers products and services including Confidential AI Platform and Opaque Gateway. Its focus areas include Enterprise Infrastructure, Cybersecurity, Security Analytics and Cyber Risk & Vulnerability Assessment. Its legal entity is OPAQUE Systems, Inc. Its competitors include Coalfire, Tripwire, XM Cyber, FireMon and Axio Global and 1 more; 5 of its 6 listed competitors have raised funding.
Company details
Opaque was founded in 2019 in Berkeley, United States, within the cloud and AI sector. A data encryption platform is provided to handle confidential information from various sources. Secure analytics and machine learning on encrypted data are supported, alongside features like cloud collaboration, compliance management, and structured data processing. Operations focus on enabling useful insights from protected datasets.
Products & Services of Opaque
Opaque offers a comprehensive portfolio of products and services, including Confidential AI Platform and Opaque Gateway.
Enables secure AI workflows on sensitive data with compliance
Provides data governance for AI integration and privacy
Funding Insights of Opaque
Opaque has successfully raised a total of $55.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in February 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 $55.5M
- Total Rounds 4
- Last Round Series B — $24M
- First Round $9.5M
(Jul 2021)
- Investors Count 12
All 4 funding rounds of Opaque with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $24M | Series B | – | Walden Catalyst | |
| Mar 2025 | – | Series A | – | – | |
| Jun 2022 | $22M | Series A | – | Walden Catalyst | |
| Jul 2021 | $9.5M | Seed | – | Intel Capital |
13 investors in total: 13 institutional.
Investors in Opaque
Opaque has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Anthropic, Accenture and Fox Factory.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to deep-tech startups. | – | waldencatalyst.com | San Francisco, USA | |
Venture capital fund focused on multiple sectors | – | stormventures.com | Menlo Park, United States | |
Investments are directed toward fintech, cybersecurity, and martech sectors. | – | thomvest.com | San Francisco, United States | |
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
Venture capital fund investing in tech startups | – | race.capital | San Francisco, United States | |
Seed-stage investments in US tech companies are targeted. | – | thehouse.fund | Berkeley, United States | |
Factory is engaged in deep tech investment services. | – | factoryhq.ai | - | |
Tech focused early stage VC firm investing in the US, Europe, Asia | – | clear.ventures | Palo Alto, United States | |
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
A venture capital fund is operated for Berkeley startups. | 2016 | thehouse.vc | Berkeley, United States |
Investor details for Opaque
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Opaque
20 people are tracked at Opaque (10 in leadership, 5 in board & advisors, 5 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Raluca Ada Popa | Co-Founder | Leadership |
Chester Leung | Co-Founder | Leadership |
Wenting Zheng | Co-Founder | Leadership |
Ion Stoica | Co-Founder | Leadership |
Rishabh Poddar | Co-Founder & CTO | Leadership |
Aaron Fulkerson | CEO | Leadership |
Liz Marrone | Chief Of Staff | Leadership |
Mark Ailsworth | VP Partnerships | Leadership |
Miran Chun | Head Of Marketing | Leadership |
Jason Lazarski | Director Of Growth | Leadership |
Hari Balakrishnan | Advisor | Board & advisors |
Pieter Abbeel | Advisor | Board & advisors |
Christopher Ré | Advisor | Board & advisors |
Kevin Mullen | Advisor | Board & advisors |
Sharmila Shahani-Mulligan | Advisor | Board & advisors |
Michael Lewis | Senior Business Development | Team |
Winston Wu | Product Advisory Council | Team |
Hernan Gatta | Software Engineer | Team |
Jimmy Pham | Software Engineer | Team |
Smriti Tandon | Business Development & Strategic Partnerships | Team |
Complete people profiles for Opaque
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Competitors of Opaque
Opaque has 6 listed competitors in our database, 5 of them funded. They include Coalfire, Tripwire, XM Cyber, FireMon and Axio Global, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coalfire.com | 2001 | Westminster, United States | $12.9M | 927 | IT security governance, risk, and compliance solutions are provided. | |
| tripwire.com | 1997 | Portland, United States | $26.6M | 333 | Cybersecurity solutions are provided for integrity and compliance management. | |
| xmcyber.com | 2016 | Herzliya, Israel | $49M | – | Cyber risk and vulnerability assessments are provided for enterprises. | |
| firemon.com | 2004 | Overland Park, United States | – | 220 | Vulnerability assessment and management solutions for networks are provided. | |
| axio.com | 2016 | New York, United States | $28.55M | 200 | Cyber risk management, mitigation, and insurance solutions are provided. | |
| riskrecon.com | 2015 | Boston, United States | $40M | – | Provides solutions for third party, supply chain and enterprise risk management |
Detailed competitors of Opaque
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Opaque
The website of Opaque (opaque.co) receives about 13.7K visits a month.
- Monthly visits13.7K
▼ 10.5% vs previous month
Websites whose visitors overlap most with Opaque. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vectorize.io | 100% | 67.1K | #533,234 | View details | |
| rsaconference.com | 89% | 169.4K | #284,291 | View details |
Top companies in Business Analytics & Intelligence Tools
10 companies that operate in the same segment as Opaque (Business Analytics & Intelligence Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 25.18 B | USD 15.9 M | 5,679 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Consumer intelligence-driven mobile marketing platform is provided for user acquisition. | 2005 | Singapore, Singapore | USD 10 M | USD 288.73 M | 618 | |
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | – | 1,111 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 | |
Cloud based data streaming analytics and governance platform | 2014 | Mountain View, California, United States | USD 456 M | USD 963.64 M | 3,583 | |
Risk assessment and management solutions are provided for enterprises. | 2020 | San Diego, California, United States | USD 328.24 M | – | 2,114 | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore, Singapore | USD 1.03 B | USD 15.24 M | 567 | |
AI based text summarization and contextualization software tool | 2015 | San Francisco, California, United States | USD 222.7 M | – | 194 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 |
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Related news about Opaque
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Frequently Asked Questions about Opaque
Opaque was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Opaque is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Aaron Fulkerson is the current CEO of Opaque.
Opaque is a funded company, having raised a total of $55.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $9.5M, raised on Jul 2021.
Opaque has 21 employees.
Opaque was founded in 2019 in Berkeley, United States, within the cloud and AI sector. A data encryption platform is provided to handle confidential information from various sources. Secure analytics and machine learning on encrypted data are supported, alongside features like cloud collaboration, compliance management, and structured data processing. Operations focus on enabling useful insights from protected datasets.
Opaque's top competitors include Coalfire, Tripwire and Axio Global.
Opaque offers Confidential AI Platform and Opaque Gateway.
Opaque has 13 investors. Key investors include Anthropic, Accenture, Fox Factory, Walden Catalyst, and Storm Ventures.
Opaque operates through Opaque Systems, Inc..
Yes. Opaque was acquired by Anthropic in October 2026.