Who are OPAQUE's investors?

OPAQUE's investors include Intel Capital, Storm Ventures, Walden Catalyst, Race Capital.

Where is OPAQUE headquartered?

OPAQUE is headquartered in San Francisco, US.

OPAQUE

San Francisco, US · Founded 2021 · 50 employees on LinkedIn · 4 known investors

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OPAQUE provides a hardware-enforced trust layer for AI systems that enables organizations to run AI on sensitive data with independently verifiable proof of data protection. The platform combines software governance with confidential computing to constrain agent behavior and prevent unauthorized data access.

AI & Machine Learning Cybersecurity Enterprise Software

Founders & leadership

OPAQUE was founded in 2021 by Ion Stoica, Raluca Ada Popa, Rishabh Poddar, Chester Leung, and Wenting Zheng.

Ion Stoica Co-Founder

Raluca Ada Popa Co-Founder

Rishabh Poddar Co-Founder and CTO

Chester LeungCo-Founder

Wenting ZhengCo-Founder

Aaron Fulkerson CEOAaron Fulkerson founded MindTouch, a digital collaboration platform, and later served as VP and GM at ServiceNow where he led product growth in Customer Workflows and created ServiceNow Impact. He is now CEO of OPAQUE, which provides hardware-enforced trust and data protection for AI systems.

Imran Siddique Chief Platform OfficerImran Siddique spent 18 years at Microsoft working on infrastructure including SQL Azure, Azure provisioning and billing systems, and Code Search. He founded the Agent Governance Toolkit, an open-source runtime governance framework for AI agents stewarded by the Linux Foundation, before becoming Chief Platform Officer at OPAQUE Systems, where he leads development of hardware-enforced trust layers for AI systems.

Investors · 4

Intel Capitallisted by Intel CapitalSanta Clara · $1M – $20M

How we know: Intel Capital's portfolio page · a partner's Signal profile · Not right? Tell us

Storm Ventureslisted by Storm VenturesPalo Alto

How we know: Storm Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Walden Catalystlisted by Walden CatalystSan Francisco · $550K

How we know: Walden Catalyst's portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Race CapitalreportedPalo Alto · $250K – $2M

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeries BFeb 2026
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through OPAQUE went on to found or lead other companies.

Tae Hea NahmInvestorFounded Storm Ventures Saharsh AgrawalSoftware EngineerFounded Surface Labs

Related companies · 4

AnjunaAnjuna develops software for secure data sharing and confidential computing in cloud and AI environments. The company serves enterprises seeking to protect data while leveraging cloud and artificial intelligence capabilities.

FortanixFortanix is a data-first security company focused on Confidential Computing, helping enterprises discover, assess, and remediate data exposure risks across hybrid multicloud environments. It serves enterprises seeking to maintain privacy and compliance for sensitive and regulated data.

CiscoCisco Systems designs and sells networking hardware, software, and services—including routers, switches, and cloud-based applications—to enterprise, service provider, and consumer markets globally.

ErmeticTenable builds an AI-powered exposure management platform that unifies security visibility across infrastructure, cloud, identity, OT, third-party applications, and AI to map an organization's attack surface and prioritize remediation. It serves security teams seeking to identify and close gaps between exposure and exploitation before they become breaches.

Companies working in the same space as OPAQUE.

In the news

Opaque Raises $24M in Series B at $300M Valuationfinsmes.com · Feb 2026

Frequently asked questions

What does OPAQUE do?: OPAQUE provides a hardware-enforced trust layer for AI systems that enables organizations to run AI on sensitive data with independently verifiable proof of data protection. The platform combines software governance with confidential computing to constrain agent behavior and prevent unauthorized data access.
Who founded OPAQUE?: OPAQUE was founded by Ion Stoica, Raluca Ada Popa, Rishabh Poddar, Chester Leung, Wenting Zheng in 2021.
Who are OPAQUE's investors?: OPAQUE's investors include Intel Capital, Storm Ventures, Walden Catalyst, Race Capital.
Where is OPAQUE headquartered?: OPAQUE is headquartered in San Francisco, US.