Thu. Sep 21st, 2023

Opal Raises $1.8M in Seed Funding

Opal, a San Francisco, CA and New York-based access management platform, raised $1.8M in seed funding.

The round was led by Greylock with participation from angel investors such as Expanse CEO Tim Junio, Abnormal Security CEO Evan Reiser, and Signal Sciences CEO Andrew Peterson.

The company intends to use the funds to expand operations and its business reach.

Led by Stephen Cobbe and Eugene Ling, Opal provides an access management platform that gives comprehensive insights and remediation policies to dynamically enforce least privilege. Through integrations, the system allows companies to design intelligent access policies across developer infrastructure, popular SaaS applications, and custom internal tools.

Using Opal, companies can set up granular role-based access policies and delegate access requests to resource owners, so the right people get the right level of access at the right time. It also supports short-lived access, which dynamically updates according to support ticket statuses or on-call rotations.


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