Tech Company Financing Transactions
SpiderOak Funding Round
On 1/12/2023, SpiderOak secured $1.4 million in Series C funding from Madison Dearborn Partners, Method Capital and OCA Ventures.
Transaction Overview
Company Name
Announced On
1/12/2023
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to complete on-orbit testing and achieve flight heritage of OrbitSecure 2.0, establish its headquarters in Reston, VA, allowing a complete build out of its program and engineering teams, and develop a space cybersecurity laboratory for hardware in the loop qualification testing for OrbitSecure and custom mission partner solutions.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
8216 Marshall Drive
Lenexa, KS 66214
USA
Lenexa, KS 66214
USA
Phone
Undisclosed
Website
Email Address
Overview
At SpiderOak, we're on a mission to protect the world's most valuable data. We deploy zero-trust encryption and distributed ledger to help space organizations safely push the limits of human potential. From explicit entitlements in mobile applications to process-sandboxing in web browsers, security is a first-class citizen in all our products, rather than an after-the-fact addition. Most commercial off-the-shelf communication and collaboration products have an inherent weakness -- "Security was NOT considered a key design feature."
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Charles Beames
Chief Executive Officer
Dave Pearah
Chief Technical Officer
Jonathan Moore
VP - Marketing
Andrew Friedrich
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