OPAQ Networks
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$21.0m | Series A | ||
$22.5m | Series B | ||
N/A | Acquisition | ||
Total Funding | CAD59.3m |
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Recent News about OPAQ Networks
EditOPAQ operates in the cloud-based network security sector, offering a Secure Access Service Edge (SASE) platform designed to simplify and enhance network security for organizations. The company serves medium-sized enterprises (MSEs) and service provider partners, providing them with the tools to centrally secure and manage hybrid IT infrastructures from a single cloud console. OPAQ's platform helps clients close network security gaps, consolidate multiple security products, and reduce the need for expensive security resources. The business model is based on delivering network security as a service, allowing clients to manage risk and enforce security policies through a unified interface. OPAQ generates revenue through a subscription-based model, offering predictable operating expenditure pricing. The market it operates in includes organizations undergoing digital and cloud transformations that require advanced network security solutions. By leveraging the principles of Zero Trust Access and delivering a robust set of security capabilities, OPAQ ensures that its clients can maintain business momentum while minimizing security complexities.
Keywords: SASE, network security, cloud-based, hybrid IT, Zero Trust, centralized management, MSEs, subscription model, digital transformation, security consolidation.