What is Opaque Systems?
Opaque Systems is developing a confidential computing platform designed to enable enterprises to run advanced analytics, machine learning models, and AI agents on highly sensitive data while maintaining absolute privacy. The platform integrates trusted execution environments, cryptographic proofs, and granular policy controls directly over existing IT infrastructures. This allows organizations, particularly those in regulated industries, to move from pilot projects to full production with verifiable trust and security, addressing critical data governance and compliance challenges in cloud and hybrid environments.
How much funding has Opaque Systems raised?
Opaque Systems has raised a total of $55.5M across 3 funding rounds:
Angel/Seed
$9.5M
Series A
$22M
Series B
$24M
Angel/Seed (2021): $9.5M with participation from Intel Capital, FactoryHQ, The House Fund, and Race Capital
Series A (2022): $22M led by The House Fund, Storm Ventures, Intel Capital, Walden Catalyst Partners, Race Capital, The Factory HQ, and Thomvest Ventures
Series B (2026): $24M supported by Thomvest Ventures, Walden Catalyst Ventures, Storm Ventures, and Intel Capital
Key Investors in Opaque Systems
The House Fund
The House Fund is an investment firm that focuses on early-stage technology companies. Their investment thesis often centers on disruptive technologies and innovative solutions that have the potential for significant market impact.
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity. With over 23 years of experience and more than 200 investments, they assist founders globally in navigating their journey from inception to becoming industry leaders.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year.
What's next for Opaque Systems?
With substantial enterprise-level backing, Opaque Systems is poised for accelerated growth and market penetration. The recent strategic investment suggests a focus on expanding its technological capabilities and solidifying its position in the confidential computing sector. Future developments will likely involve scaling its platform to meet increasing enterprise demand for secure data processing, forging strategic partnerships, and further enhancing its suite of privacy-preserving tools. The company's ability to provide verifiable trust across diverse computing environments positions it for significant expansion in the burgeoning data security and privacy market.
See full Opaque Systems company page
