Opal Security Increases $22M in Series B Funding to Expand Next-Generation Identity Security Platform

Opal Security

Opal Security has raised its $22 million Series B funding with the participation of investors Greylock and Box Group. The company is expanding its funds due to its suite of identity access management solutions, which is gaining revenue.

With this new funding, Opal Security will expand its global team, scale cybersecurity solutions, expand its identity security platform ramp up new product development, including visualization and AI tools to solve identity risk.

Using the new platform and other cybersecurity products, Opal Security customers can reduce the lack of visibility across their organizations and the possibility of incidents like compromised credentials.

Read More: Opal Security Raises $22M in Series B Funding to Expand Next-Generation Identity Security Platform

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