# OPAQUE Systems: Information technology & services, San Francisco, United States

> OPAQUE Systems: OPAQUE Systems is a technology company focused on Confidential AI and Confidential Computing. Based in San Francisco, United States.

Source: https://millionrounds.com/startup/opaque-systems-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# OPAQUE Systems

OPAQUE Systems is a technology company focused on Confidential AI and Confidential Computing.

Funding reported Last round: Series A

Information technology & services San Francisco, United States

Company summary

- **Founded:** 2021 5 years old
- **Team:** 37 11 to 50 people
- **Funding reported:** $32M in dollars
- **Last round:** Series A Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for OPAQUE Systems has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About OPAQUE Systems

OPAQUE Systems is a technology company focused on Confidential AI and Confidential Computing.

Founded by researchers from UC Berkeley RISELab, the company aims to address the balance between data utility and privacy. OPAQUE commercializes the open-source MC2 (Multi-Party Computation) platform, allowing enterprises to conduct collaborative analytics and AI workflows on encrypted data without exposing sensitive information. Headquartered in San Francisco, OPAQUE has raised $31.6 million in funding, including a recent $24 million round at a $300 million valuation. The company offers a suite of cloud-based secure data analytics and AI platforms, including a Confidential AI Platform, collaborative analytics, and secure data environments known as Data Clean Rooms. Their technology ensures end-to-end data confidentiality through secure hardware enclaves and cryptographic methods, making it suitable for industries such as finance, healthcare, and high-tech. OPAQUE's solutions enable organizations to leverage sensitive data while maintaining compliance with privacy regulations.

## What company datasets say OPAQUE Systems raised

Funding, as reported

Reported in all **$32M** in dollars

Rounds **2**

Last round **Series A**

Last round size **$24M**

Last round date **Jun 2022**

Investors listed **6**

## On a portfolio page

Investors who name them

- [Storm Ventures](https://millionrounds.com/fund/storm-ventures)

Each firm lists OPAQUE Systems on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

health care data protection data governance secure data sharing computer & network security secure multi-agent ai verifiable runtime governance confidential ai platform policy enforcement verifiable compliance information technology & services insurance financial services finance data security data privacy

Built with from their website

Microsoft Azure Monitor GitHub Actions Docker Tagtoo Google Tag Manager Amazon CloudFront AWS Trusted Advisor Atlassian Linkedin Insight Tag YouTube

+8 more

Google Workspace CloudFlare Viewport Meta LinkedIn Ads IBM ILOG CPLEX Optimization Studio Hubspot Varnish.NET

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, 541512, SIC 7375, 7372, 7373
- **Region:** California
- **Part of:** Aerison
- **Revenue:** $16M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/opaque-systems)

## Information technology & services in United States

Startups like it

- [**Databricks** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/databricks)
- [**Waymo** Mountain View · founded 2009 *Raised*](https://millionrounds.com/company/waymo)
- [**Crusoe** Denver · founded 2018 *Raised*](https://millionrounds.com/company/crusoe)
- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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