SpiderOak Raised $16.4M in Series C Funding

SpiderOak, a Washington, DC-based supplier of zero-trust cybersecurity options for area techniques, raised $16.4M in Series C funding.

The spherical was led by Empyrean Technology Solutions, with participation from Method Capital, and OCA Ventures.

The firm intends to make use of the funds to finish on-orbit testing and obtain flight heritage of OrbitSecure 2.0, set up its headquarters in Reston, VA, permitting an entire construct out of its program and engineering groups, and develop an area cybersecurity laboratory for {hardware} in the loop qualification testing for OrbitSecure and customized mission companion options.

Led by CEO Dave Pearah and Executive Chairman Charles Beames, SpiderOak is a 100% U.S.-owned and operated software program firm that delivers end-to-end cybersecurity options for civil, navy and industrial area operations. OrbitSecure software program makes use of a brand new absolutely decentralized key administration system permitting for full availability and continued operations in area regardless of disconnected or extremely contested networks. This new functionality offers enhanced decentralized area resiliency to multi-vendor, multi-network, mesh proliferated low-Earth orbit (LEO) networks by decreasing the assault floor and the flexibility of adversaries to jam, disrupt, modify, or contest area communications and satellite tv for pc providers. Its commercially obtainable merchandise are constructed upon a basis of zero-trust encryption and distributed ledger, guaranteeing the confidentiality, integrity and availability of delicate knowledge in the area area.

FinSMEs

12/01/2023

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