DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies with nation-state experienced teams from the intelligence community, research labs, and industry-leading experts, announced today a $1.9 million investment in BlackCloak, creators of a Concierge Cybersecurity™ & Privacy Protection Platform that protects high-net-worth families and C-Suite executives in their personal lives.
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Building on an already robust portfolio, DataTribe is well-positioned to further invest in capabilities and initiatives that develop startups poised to disrupt cybersecurity and data science. BlackCloak will use the $1.9 million investment from DataTribe to strengthen its concierge cybersecurity platform and expand its presence within key sectors where cybercrime losses and intellectual theft continue to be on the rise.
“It’s no secret that cybercriminals increasingly attack the homes and personal lives of executives to exploit, blackmail, and hold hostage corporations and governments. The executive is the easiest pathway past the billions of dollars spent each year on corporate security. We defend this threat vector,” said Dr. Chris Pierson, Founder and CEO of BlackCloak. “We also anticipate continued growth protecting high-profile persons and wealthy families and intend to use this investment to deepen our current client relationships, attracting new customers and further product development to continuously address threats posed by cybercriminals in our homes and personal lives.”
“As a company that has proved it is able to thrive in a continuously changing market, we are thrilled to welcome BlackCloak into the DataTribe family,” said Mike Janke, co-founder of DataTribe. “We are excited to partner with Dr. Pierson who has excelled as a Chief Information Security Officer, Chief Privacy Officer for RBS, and in national security roles. We’re confident he and his team will use the added resources to hit their growth potential and provide the utmost protection to high-net-worth individuals and executives.”
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