Cape announced a $100 million Series C round led by Bain Capital Ventures and IVP, bringing total funding to $191 million. The privacy-first MVNO uses eSIM and its own mobile core to embed network-level protections—like daily SIM identifier rotation, SS7 attack blocking, end-to-end messaging encryption, and SIM swap safeguards—for consumers, enterprises, and governments. #Cape #SS7
Keypoints
- Cape raised $100 million in Series C funding, co-led by Bain Capital Ventures and IVP.
- The company operates a privacy-focused MVNO using eSIM technology and its own mobile core.
- Daily rotation of SIM identifiers and network protections are used to prevent tracking and SS7-based interception.
- Features include end-to-end messaging encryption, user-controlled SIM swap safeguards, encrypted voicemail, and multi-number support.
- Services are offered to consumers, enterprises, and governments to reduce exposure to cellular surveillance and data compromise.