Commercializing the open source MC2 technology invented at UC Berkeley by its founders, Opaque System provides the first collaborative analytics and AI platform for confidential computing. Opaque uniquely enables data to be securely shared and analyzed by multiple parties while maintaining complete confidentiality and protecting data end-to-end. The Opaque platform leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security-secure hardware enclaves and cryptographic fortification. This combination ensures that the overall computation is secure, fast, and scalable. The technology has already been adopted by several organizations, such as Ant Group, IBM, Scotiabank, and Ericsson.

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Funding Events

Date	Amount	Type	Investors	Valuation
06/28/22	$22,000,000	Series A	FactoryHQ Intel Capital Race Capital Storm Ventures The House Fund Thomvest Ventures Walden Catalyst	undisclosed