A naukri.com initiative
TechCrunch
4w
138
Image Credit: TechCrunch
Cape opens $99/month beta of its privacy-first mobile plan, inks Proton deal, raises $30M
- Cape, a mobile carrier startup, has introduced a privacy-first mobile service that does not collect any user data, attracting attention in the cybersecurity space.
- Founded by a former Palantir executive, Cape has launched a $99/month subscription plan, formed a partnership with Proton, and secured $30 million in funding.
- The funding includes $15 million in equity and $15 million in debt, highlighting the growing focus on security services amid geopolitical shifts.
- Cape's products cater to both consumers and high-risk individuals, with an emphasis on privacy and security.
- The company's open beta received significant interest from consumers looking to enhance their privacy online.
- Cape's mobile plan includes unlimited voice minutes, texts, data, and encrypted voicemail, with protection against threats like SIM swapping and signaling attacks.
- As part of its expansion, Cape plans to offer roaming services and MVNO-based plans in other countries, focusing on the European market.
- The company has partnered with Proton to offer users discounted access to Proton's premium services, emphasizing privacy and security.
- Cape's CEO, John Doyle, aims to provide consumers with control over their digital identity and privacy without the need to invest in specialized hardware.
- By addressing the growing concerns around mobile security and privacy, Cape is positioned to tap into the demand for secure mobile services globally.
Read Full Article
8 Likes
For uninterrupted reading, download the app