Cloaked Raises $375M in Series B, Growth Financing

Cloaked announces $375 million financing round

Cloaked, a privacy and security startup, said it has secured $375 million in a combination of Series B funding and growth financing, underscoring continued investor interest in tools designed to reduce data exposure and strengthen personal security online.

The company did not disclose detailed terms of the deal, including valuation, lead investors, or a breakdown between equity and non-dilutive components. It also did not specify a timeline for deployment of the new capital. Still, the size of the raise positions Cloaked among the more heavily funded players in the privacy technology market, where demand has been fueled by rising identity theft risks, expanding data collection, and increased regulatory scrutiny.

Why the raise matters

Large late-stage rounds for privacy-focused companies can signal a shift from experimentation to broader commercialization, as enterprises and consumers look for practical ways to control how personal information is shared and stored. The inclusion of growth financing alongside a Series B suggests the company may be aiming to accelerate go-to-market execution while preserving flexibility in its capital structure.

What comes next

In the near term, investors and customers will likely watch for updates on how Cloaked plans to scale—whether through expanded product capabilities, deeper partnerships, or broader distribution. The company’s next milestones may include hiring, infrastructure investment, and potential expansion into adjacent security categories as privacy becomes a core feature rather than an add-on.

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