Cape

Subscription-based mobile network prioritizing privacy

Chesapeake, Virginia, United States

About Cape

Cape provides a mobile network service that focuses on delivering secure and private wireless coverage. The service works on a subscription model, where customers pay a regular fee to access Cape's network, which is designed to keep their personal information safe. Cape uses advanced technologies to ensure that users' names, numbers, and locations are protected from hackers, allowing them to communicate without fear of their data being compromised. What sets Cape apart from other mobile network providers is its strong commitment to privacy; it minimizes data collection and never sells or misuses customer information. The goal of Cape is to meet the growing demand for secure mobile communications, making it a leader in the privacy-first movement within the telecommunications industry.

Chesapeake, VirginiaHeadquarters
1998Year Founded
$59.3MTotal Funding
SERIES_BCompany Stage
Consumer Software, CybersecurityIndustries
51-200Employees

Benefits

Health Insurance
Unlimited Paid Time Off
401(k) Company Match

Risks

Increased competition from established privacy-focused telecom players like Silent Circle.
Quantum computing advancements could threaten current encryption methods used by Cape.
Government regulations on data retention may conflict with Cape's privacy-first model.

Differentiation

Cape offers privacy-first mobile services, ensuring minimal data collection and no data selling.
The company uses advanced technology to make user data untraceable by hackers.
Cape's subscription model provides secure, anonymous wireless coverage for privacy-conscious individuals.

Upsides

Growing demand for privacy-focused mobile services boosts Cape's market potential.
Partnership with IT&E Guam enhances Cape's market reach and credibility.
Recent $61 million funding round indicates strong venture capital interest in privacy-first tech.

Funding

Total raised$59.34 M
Latest valuation$200.00 M
StageSERIES_B
SERIES A
5/31/2023
$16
$78.75 M
SEED
11/30/2022
$5
$26.25 M