September 17, 2024 at 09:15AM
Cybersecurity and privacy firm BlackCloak recently raised $17 million in a Series B funding round, bringing its total investment to over $30 million. The funding was led by Baird Capital with additional support from Blue Heron Capital, TDF Ventures, and TechOperators. The Florida-based company provides personal protection against cyber threats for high-profile individuals and their families.
From the meeting notes, it is clear that cybersecurity and privacy firm BlackCloak has successfully raised $17 million in a Series B funding round, with total investment now exceeding $30 million. The funding was led by Baird Capital, with additional support from Blue Heron Capital and existing investors TDF Ventures and TechOperators.
BlackCloak, founded in 2018 and based in Florida, offers robust personal protection for corporate executives and high-profile individuals at risk of sophisticated cyberattacks. Their Concierge Cybersecurity & Privacy Platform secures mobile and desktop applications and devices, providing protection from various cyber threats and incident response capabilities.
The company’s platform is designed to protect the data, finances, and intellectual property of public officials, investment firms, large banks, Fortune 50 companies, retailers, and top talent management firms. The new funding allows BlackCloak to further invest in cutting-edge products and intelligence to expand its platform and protect high-profile individuals from both state-sponsored attackers and cybercriminals.
In a statement, BlackCloak’s founder and CEO, Chris Pierson, expressed the company’s commitment to scaling their Digital Executive Protection Platform and innovating new advances in the field to ensure clients receive the highest degree of protection available. He also highlighted the increasing importance of cybersecurity in the home environment.