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Opal Secures $1.8M in Seed Funding Led by Greylock

Opal's successful Seed round signals investor confidence in its access management solutions. With the raised funds, the company is set to expand its operations and cement its position in the market.

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In this image we can see few persons are sitting on the chairs, a person is standing, and here is...
In this image we can see few persons are sitting on the chairs, a person is standing, and here is wearing an access card, in front of him there is a podium, there is a mic, there is a poster on the glass wall, we can also see the screen with some texts written on it, we can see ceiling lights, door and an exit board.

Opal Secures $1.8M in Seed Funding Led by Greylock

Opal, a rising access management platform based in San Francisco and New York, has secured $1.8 million in Seed funding. The round was spearheaded by Greylock, with notable angel investors such as Tim Junio, CEO of Expanse, Evan Reiser, CEO of Abnormal Security, and Andrew Peterson, CEO of Signal Sciences, also chipping in.

Opal plans to utilise the funds to broaden its operations and expand its business reach. While Greylock is the lead investor, the company's other advisors remain unclear, with only Tim Junio, Evan Reiser, and Andrew Peterson identified as angel investors.

The Seed round reflects growing interest in Opal's access management solutions. Its platform aims to simplify and secure access control for businesses, a critical aspect in today's digital landscape.

Opal's successful Seed round, backed by prominent investors, signals confidence in the company's potential. With the raised funds, Opal is set to expand its operations and business reach, further cementing its position in the access management sphere.

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