Opal

Access management solutions for IT teams

San Francisco, California, United States

About Opal

Opal.dev provides access management solutions tailored for IT and infrastructure teams, focusing on enhancing security while simplifying access requests. The platform operates on the principle of 'least privilege,' ensuring users receive only the necessary permissions to perform their jobs, which reduces security risks. It includes workflows that create an audit trail for Just-In-Time (JIT) access, appealing to compliance officers who must adhere to strict regulations. Opal's subscription-based model allows clients to access the platform regularly, with options for self-hosting to meet specific data sovereignty needs. The company differentiates itself by offering automated access requests and visualization tools for monitoring, making it easier for organizations to manage their access controls effectively. Opal's goal is to streamline access management while maintaining high security standards, positioning itself as a key player in the cybersecurity market.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$32.9MTotal Funding
SERIES_BCompany Stage
Enterprise Software, CybersecurityIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Paid Holidays
401(k) Retirement Plan
Pre-Tax Commuter Benefits

Risks

Increased competition from firms like Okta and CyberArk threatens Opal's market share.
Emerging privacy regulations could complicate Opal's operations and data management.
Customer resistance to subscription models may impact Opal's revenue streams.

Differentiation

Opal's platform implements the principle of 'least privilege' for enhanced security.
Opal offers self-hosting options, catering to strict data sovereignty requirements.
Opal provides end-to-end audit trails for Just-In-Time access, aiding compliance.

Upsides

Opal raised $22M, indicating strong investor confidence and growth potential.
Integration with AWS Marketplace expands Opal's reach and service integration.
The rise of remote work increases demand for Opal's secure access management solutions.