Opaque Systems

SoftwareSeries BSan Francisco, USopaque.co

Latest round

Series B

Last raised

Feb 2026

Total raised

$55M

Investors

8

About Opaque Systems

Founded in 2019 and based in Ohio, US, Opaque Systems develops an AI-integrated software that allows enterprises to analyze confidential data in a cloud environment. The company was founded by its CEO Rishabh Poddar, alongside Ion Stoica and Raluca Ada Popa. It was formed out of UC Berkeley, a land-grant university in Berkeley, California. In February 2026, Opaque Systems, Inc. The company's product is an online solution that allows enterprises to analyze confidential data in a cloud environment. It offers Opaque Analytics, a solution that allows users to process structured data securely by running Spark SQL and ETL pipelines on data loaded from encrypted CSV files; Opaque Machine Learning, a solution that Securely trains ML models over sensitive data using the XGBoost framework; and Opaque Federated, a solution that provides secure server-side aggregation of various client updates. The company's revenue is generated by the sales of its software to various enterprises.

Who invested in Opaque Systems

8 investors across 3 rounds

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Funding rounds

  1. Series B

    Feb 12, 2026

    Amount

    $24M

    Investors

    Locked

  2. Series A

    Jun 28, 2022

    Amount

    $22M

    Investors

    Locked

  3. Seed

    Mar 16, 2021

    Amount

    $8.5M

    Investors

    Locked

Questions about Opaque Systems

Who invested in Opaque Systems?

Opaque Systems has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Opaque Systems raised?

Opaque Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Opaque Systems last raise money?

Opaque Systems's most recent round on record is a Series B, in Feb 2026.

What does Opaque Systems do?

Founded in 2019 and based in Ohio, US, Opaque Systems develops an AI-integrated software that allows enterprises to analyze confidential data in a cloud environment.

Where is Opaque Systems headquartered?

Opaque Systems is headquartered in San Francisco, US.

Which VCs invest in companies like Opaque Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Opaque Systems's stage. Their profiles are linked below.

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