BlackCloak, a cybersecurity startup specializing in protecting executives, high-net-worth individuals, and family offices, has announced a $17 mn Series B funding round led by Baird Capital, with participation from Blue Heron Capital, TDF Ventures, and TechOperators.
BlackCloak specializes in protecting the personal digital environments of corporate executives, high-net-worth individuals, and family offices.
The company’s offerings include monitoring the dark web for client-related information, an online platform that protects devices, a privacy hardening feature that limits data generation from devices, and a scrubbing service that removes personal information from data broker sites (se Cybersecurity Spending Trends).
BlackCloak provides various plans and has established a partnership with HSB.
Over the past decade, nation-states and cybercriminals have shifted their attention from the well-defended walls of corporate environments and investment banks to softer targets that are easier to penetrate.
“This means that high-net-worth and high-profile individuals, family offices, and corporate executives are increasingly falling prey to bad actors. There has never before been a platform that solves these problems for this clientele—oftentimes pushing the problem back on the individual or their advisor network,” Mark Donnelly, Partner at Baird Capital says.
BlackCloak’s use of guidance, concierge support, and automation to deliver cutting-edge digital executive protection is the differentiator that we look for as a firm.
As our clients and their peers contend with stale and inadequate consumer solutions to the problems they uniquely face, employing a technology platform purpose-built for this market is more important than ever.
Dr. Chris Pierson, Founder and CEO of BlackCloak
With the support of Baird Capital, Blue Heron Capital, TDF Ventures, TechOperators, and DataTribe, BlackCloak is continuing to scale digital executive protection platform and to pioneer new advances in the field, ensuring clients receive the highest degree of protection available in the market.
BlackCloak is a cybersecurity firm established in 2017, headquartered in Orlando, Florida. Recognizing that traditional corporate cybersecurity measures often don’t extend to personal devices and home networks, BlackCloak offers services that fill this critical gap.
The company’s offerings include monitoring the dark web for any exposure of client information, securing personal devices against cyber threats, and removing sensitive data from online data broker sites. BlackCloak also provides personalized guidance to help clients enhance their privacy and security settings across various platforms.
by Peter Sonner
