Cloaked, a company specializing in people-first, everyday privacy solutions, has announced it has secured $375.0 million in new investment capital. This significant funding round underscores investor confidence in Cloaked's mission to empower individuals to generate, guard, and reclaim their identity online. The capital infusion is set to bolster the company's efforts in a rapidly evolving digital landscape where personal privacy is increasingly paramount.
Cloaked provides a comprehensive platform that allows users to create unique, disposable identities for various online interactions. This includes generating unlimited emails, phone numbers, and passwords for websites, purchases, and apps, with virtual credit cards also planned for future integration. Beyond identity generation, Cloaked's offerings extend to a Data Removal engine that helps users remove personal information from data brokers, and Call Guard, which blocks spam calls and filters unknown numbers to keep real phone numbers private. The upcoming Cloaked Pay feature will enable secure checkouts using virtual cards without revealing actual financial details.
The $375.0 million in funding will be strategically deployed to accelerate Cloaked's growth initiatives. The company plans to use the capital to enhance its product development, expand its user base, and scale its operational infrastructure to meet increasing demand for its privacy tools. This investment is crucial for Cloaked as it continues to innovate and deliver effortless privacy solutions, allowing users to stay connected, protected, and in control of their digital footprint.
This substantial investment positions Cloaked to further solidify its presence in the digital privacy market. With a clear focus on empowering individuals, Cloaked aims to continue its trajectory of growth, bringing its comprehensive privacy solutions to a broader audience and reinforcing its commitment to making online privacy accessible and manageable for everyone.
