BlackCloak Grabs M Series B Financing

ORLANDO, FL, BlackCloak has raised $17 million in a Series B funding round led by Baird Capital.

BlackCloak, the Pioneer in Digital Executive Protection for executives and senior leaders, high-net-worth individuals, and family offices, today announced the successful close of its $17 million Series B funding round. Led by Baird Capital with significant strategic investments from Blue Heron Capital and with continued support from existing investors, including TDF Ventures and TechOperators, BlackCloak will use this funding to prioritize technology investments in cutting edge, platform expanding products and intelligence as the company continues its mission to protect the personal digital lives of highly targeted individuals. The Series B funding round brings BlackCloak’s total equity financing to over $30M.

BlackCloak protects corporate executives and high-profile individuals from cybersecurity, privacy, financial, and other reputational risks. Used by Fortune 500 companies across all industries, the BlackCloak Concierge Cybersecurity & Privacy™ Platform is a holistic solution including mobile and desktop apps as well as concierge support. Executives and high-profile individuals get peace of mind knowing their family, reputation, and finances are secured. Companies rest assured that their brand, intellectual property, data, and finances are protected against threats coming through executives without having to invade their personal lives.

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By VC News Daily

Source: VC News Daily