Identity governance startup Opal Security has announced raising $23 million in a new funding round that brings the total investment in the company to $59 million.
The fresh round of funding was led by Greylock and Battery Ventures, with additional support from Cambium Capital.
Founded in 2020, San Francisco-based Opal has built an AI-native platform that provides organizations with real-time visibility, policy-as-code, and direct control over all identities, including employees, service accounts, and AI agents.
According to Opal, the broad adoption of AI across enterprises has created the need for solutions that deliver access controls for agents at scale and greater speed than for humans.
To close the gap between policy intent and enforcement, Opal maps identities across cloud, SaaS, and on-premises infrastructure, offers visibility into access posture in a single interface, and enforces policies at machine speed.
Opal makes just-in-time access default and revokes it based on risk and staleness, automating approvals and escalating to humans only if necessary.
“Governing access across every identity—human, service, and AI agent—is becoming one of the defining problems in security. The new funding gives us the resources to go solve it,” Opal Security CEO Howard Ting said.
In addition to the new investment, Opal announced five leadership hires: Sameer Mehta as Chief Product Officer, Alex Pien as Chief Technology Officer, John Clark as Vice President of Field Engineering, Michael Kwon as Vice President of Marketing, and Christine Ooley as Head of Product and Solutions Marketing.
Opal has aggressively expanded its team since the beginning of 2026, primarily across the engineering, product, and go-to-market divisions. More than 60% of its employees joined this year.
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