BlackCloak has successfully closed a $17 million Series B funding round led by Baird Capital. This round of funding brings BlackCloak’s total equity financing to over $30 million and will be used to enhance the company’s personal cybersecurity platform.
BlackCloak’s platform offers a comprehensive solution that includes mobile and desktop apps as well as concierge support. It protects high-profile clients from cybersecurity, privacy, financial and reputational risks, shielding them from attack vectors such as deepfakes, advanced social engineering attacks, cyber-extortion, doxxing and physical threats.
The newly acquired funds will help BlackCloak invest in technology and develop intelligent products to meet growing market demand. It will continue its work ensuring the security of corporate executives and high-net-worth individuals, as well as their families, reputations and finances. BlackCloak’s platform also works to protect companies’ brands, intellectual property, data and finances against threats targeting executives.
