How Much Did BlackCloak Raise?
Funding & Key Investors

BlackCloak, a cybersecurity firm specializing in identity theft prevention, privacy protection, and breach mitigation, has secured $29.9M in total funding. The company recently announced a major strategic investment of $17M on September 17, 2024, marking a significant milestone in its growth trajectory. This latest capital infusion underscores the increasing demand for robust digital security solutions in the enterprise market.

What is BlackCloak?

BlackCloak
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

BlackCloak operates within the critical cybersecurity sector, offering a comprehensive suite of services designed to protect individuals and organizations from sophisticated digital threats. Their offerings include proactive measures against identity theft, advanced privacy protection, identification of potential hacker entry points, and robust prevention of data breaches. The company's focus on enterprise-level security solutions positions it as a key player in safeguarding sensitive information in an increasingly complex threat landscape.

How much funding has BlackCloak raised?

BlackCloak has raised a total of $29.9M across 3 funding rounds:

2020

Private Equity

$1.9M

2021

Series A

$11M

2024

Series B

$17M

Private Equity (2020): $1.9M with participation from DataTribe

Series A (2021): $11M led by TechOperators, DataTribe, and TDF Ventures

Series B (2024): $17M supported by TDF Ventures, Blue Heron Capital, TechOperators, and Baird Capital

Key Investors in BlackCloak

TDF Ventures

TDF Ventures is an early-stage venture capital firm focusing on startups serving enterprise markets within infrastructure, software, and services.

Blue Heron Capital

Blue Heron Capital is an early-stage growth equity firm that funds innovative ideas in healthcare and enterprise technology, leveraging financial capital and expertise for impactful businesses.

TechOperators

TechOperators is a leading early-stage venture capital firm specializing in cybersecurity, backing technical founders and category-defining companies with investments between $3-6M in Seed and Series A cyber startups.

What's next for BlackCloak?

The recent major enterprise-level funding and strategic investment signal a period of accelerated growth and development for BlackCloak. This capital will likely be deployed to enhance its technological capabilities, expand its service offerings, and broaden its market reach. The company's strategic focus on preventing identity theft and data breaches, coupled with its recent financing, suggests a strong potential for further innovation and market leadership in the cybersecurity domain.

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Frequently Asked Questions Regarding BlackCloak Financial Insights

What are the most recent funding rounds that BlackCloak has completed, and what were the funding rounds?
BlackCloak has recently completed 3 funding rounds: Series B on Sep 17, 2024, Series A on Jul 29, 2021, Private Equity on May 6, 2020.
What is the total amount of funding BlackCloak has raised to date?
BlackCloak has raised a total of $29.9M in funding to date.
How many funding rounds has BlackCloak completed?
BlackCloak has completed 3 funding rounds.
How much funding did BlackCloak raise in its most recent funding round?
BlackCloak raised $17M in its most recent funding round.
Who are the lead investors in BlackCloak's latest funding round?
The lead investor in BlackCloak's latest funding round was TDF Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BlackCloak's history?
The largest funding round in BlackCloak's history was $17M.
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