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New Washington D.C.-based cellular digital community operator (MVNO) Cape has raised $61 million in three financing rounds.
Cape operates as an full MVNO on the UScellular community. Not like different MVNOs, nonetheless, Cape’s distinctive promoting level isn’t its pricing construction or engaging bundled providers, however privateness and safety.
Cape says it is not going to retailer prospects’ private data, reminiscent of title, numbers, and site date, thereby guaranteeing that these particulars stay past the attain of hackers.
At its core, the corporate believes that “privateness and safety are inherently priceless”, and that “management over your private data is vital to autonomy and freedom”.
“Cape doesn’t ask for private data, like your title or social safety quantity, to offer you nice cell service,” reads the web site. “We don’t even retailer your fee data, together with your bank card quantity or tackle, and your payments are saved domestically in your machine.”
Founder and CEO John Doyle got here from software program firm Palantir, the place he realized of the various vulnerabilities within the mobile community. Cape goals to interrupt the “chain of belief” that ends in client knowledge being shared with advertisers or being uncovered to hackers and knowledge breaches.
In additional excessive circumstances, dangerous actors getting access to this may be lifechanging for patrons.
“Hundreds of thousands of cellular community subscribers see their private knowledge breached and their identities stolen, or particular person identities stolen through SIM jacking. Ukrainian troop places are uncovered by Russian network-based assaults. Advert-id knowledge reveals particulars of your private life. The record goes on,” reads a Cape weblog submit,
The corporate additionally gives AI primarily based spam safety, which claims to scale back undesirable calls and texts by as much as 90%.
Though not formally launching till June, Cape is presently working in early-access mode, and has already secured a pilot undertaking with the US authorities, securing communications on US island territory Guam.
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