Opal is a decentralized access management platform provider for U.S. enterprise customers, designed to provide teams with a single management platform to manage access rights in a scalable manner, and according to the security principle of least privilege, to help enterprises move flexibly, while remaining secure and maintaining Compliance. Today announced that it has raised $10 million in Series A funding led by Greylock. Chief executive Stephen Cobbe said the proceeds will be used for product development and to expand Opal’s 25-person team.
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