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Home News

BlackCloak Raises $17M for Protection

September 17, 2024
Reading Time: 2 mins read
in News

BlackCloak, a cybersecurity firm based in Florida, has raised $17 million in a Series B funding round, bringing its total funding to over $30 million. The round was led by Baird Capital with participation from Blue Heron Capital, TDF Ventures, and TechOperators. This follows an $11 million Series A round in 2021, highlighting the growing demand for BlackCloak’s services.

Founded in 2018, BlackCloak provides personalized cybersecurity and privacy solutions for corporate executives and high-profile individuals. Its Concierge Cybersecurity & Privacy Platform secures devices and applications to protect users from threats such as cyber-extortion, social engineering, and doxing. The platform also includes real-time incident response and monitoring features for enhanced protection.

The platform’s mobile app delivers real-time digital health reports, while its desktop application monitors the security of personal, home, and family devices. An enterprise dashboard aggregates insights for organizations, ensuring comprehensive protection for executives and their households. Clients include public officials, Fortune 50 companies, and top-tier talent management firms.

With the new funding, BlackCloak plans to expand its platform and develop advanced products to counter state-sponsored attackers and cybercriminals. CEO Chris Pierson emphasized the growing cyber risks targeting executives at home, calling it the “new battleground” for cyber defense. BlackCloak remains committed to offering the highest degree of protection for its clients.

 

Reference:

  • BlackCloak Raises $17M Series B Funding Round to Enhance Personal Cybersecurity Protections for Corporate Executives, High Net Worth Individuals, and Family Offices

Tags: BlackCloakCyber NewsCyber News 2024Element SecurityFloridaFundingIsraelSeptember 2024
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