Opaque Systems

Data security and analytics platform

San Francisco, California, United States

About Opaque Systems

Opaque Systems provides a secure platform for organizations to protect and analyze sensitive data. Their main product, Data Clean Rooms, utilizes Confidential Computing technology, allowing different teams to share and analyze encrypted data without exposing it. This ensures that each party only accesses their specific data and insights. Opaque's platform encrypts data at all stages—when stored, in transit, and during processing—keeping it secure even during analytics and AI computations. This is particularly beneficial for organizations that must comply with strict data privacy regulations, such as financial institutions, healthcare providers, and government agencies. Opaque differentiates itself by offering end-to-end data protection and simplifying the process of using sensitive data in secure cloud environments. The company's goal is to help organizations maintain compliance with data protection laws while enabling secure collaboration and analysis of sensitive information.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$30.6MTotal Funding
SERIES_ACompany Stage
Data & Analytics, CybersecurityIndustries
11-50Employees

Benefits

Competitive compensation
Health insurance
Flexible work options
Unlimited PTO
401k
Home office reimbursement
Commute reimbursement
Meals on us

Risks

Competition from tech giants like Microsoft and Google threatens Opaque's market share.
Rapid AI advancements may outpace Opaque's current offerings, requiring continuous innovation.
Potential regulatory changes could impose additional compliance costs for Opaque.

Differentiation

Opaque leverages secure hardware enclaves and cryptographic fortification for data protection.
Their Data Clean Rooms enable secure multi-party data analysis and collaboration.
Opaque's platform encrypts data at rest, in transit, and during processing.

Upsides

Rising demand for data clean rooms aligns with Opaque's offerings.
Generative AI integration with confidential computing attracts privacy-focused clients.
Zero-trust security models trend supports Opaque's zero-trust analytics platform.

Funding

Total raised$30.64 M
Latest valuation$110.00 M
StageSERIES_A