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HomeFunding VA-based Cape Secures $61Million in Funding

[Funding alert] VA-based Cape Secures $61Million in Funding

Cape, a mobile provider that prioritises privacy, raises $61 million. A* and Andreessen Horowitz lead the round. Participating firms included XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures.

Cape, a mobile provider that prioritises privacy, raises $61 million. A* and Andreessen Horowitz lead the round. Participating firms included XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures.

The money will be used by the startup to construct a national mobile network that will conceal personally identifiable information such as names, numbers, and whereabouts while offering premium wireless coverage.

Read also – CA-based Anvilogic Secures $45Million in Series C Round Funding

Cape, a privacy-first mobile carrier founded to give people back control over their mobile identities, is led by CEO John Doyle. It promises never to commercialise user data and offers wireless coverage with little data collecting. Clients receive high tower density national 5G and 4G coverage, firewall limits, account security, and spam prevention.

John Doyle said: “We are tackling an enormous set of problems that exist due to the rise of smartphones and mobile networks as a primary avenue to accessing the Internet. We can’t leak what we don’t have. That’s privacy by design, and it’s how we enable connection without compromise.”

About Cape

Cape is a pioneering privacy-first mobile carrier built to restore individuals’ control over their mobile identity. It provides premium wireless coverage with minimal data collection and a commitment to never monetize subscriber data.

Customers get best-in-class spam protection, hardened account security, stringent firewall restrictions, and blazing fast nationwide 5G and 4G coverage with the highest tower density in the country.

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