Silicon Valley Funding News - Week of July 12, 2021. Opaque Raised $9.5M from Race Capital and Intel Capital

I am thrilled to announce that we at Race Capital have made a seed investment in Opaque Systems - Ion Stoica's (founder of Databricks) latest company.

Opaque will redefine how the world analyzes encrypted data in the cloud.   The team is building a full stack data infrastructure platform to enable businesses to do secured analytics by computing unseen & classified (encrypted) data on the cloud. 

Over the past year, my team and I have worked really closely with Ion, Raluca, Rishabh, Wenting and Chester. I am super excited about their progress. =) 

The future of secured data analytics is coming and they are 👉hiring!

This week a total of 19 startups raised $546.9M in funding, 2 M&As:

• $387.8M goes to 10 Enterprise startups
• $19.6M goes to 3 FinTech startups
• $30M goes to 1 Healthcare startups
• $6M goes to 1 BioTech startup
• $5.2M goes to 1 Wellness startup
• $81M goes to 2 HR startup
• $17.3M goes to 1 Construction startup