202418 Apr

Cape promises private comms riding on USCellular's IoT network

Summary

After recent AT&T & T-Mobile data exposures, startup Cape wants to protect consumer privacy It is running an MVNO on UScellulars IoT network It has received $61 million in VC funding so farStartup Cape has pulled in $61 million in venture funding and has its first phones testing out its shiny new Mobile Virtual Network Operator (MVNO) on UScellulars network for the Internet of Things (IoT).After AT&Ts recent data breach, which impacted 73 million accounts, some savvy consumers may be looking for an operator that doesnt take (and hold) so much personal data. Enter Cape.CEO and co-founder John Doyle told Fierce on a call that he came at the problem of interfacing with a mobile phone network from a defensive position, after being a communications specialist in the U.S. Army and working for Palantir.Just as a consumer and a person living my life with a phone in my pocket, how can I reset the default, which is that I have to give everything away in order to connect to a mobile network? Doyle asked.This desire for something beyond the status quo motivated the foundation of Cape to create an operation that didnt need your location and identity details to get connected to the network. (Its worth noting here others, like Pretty Good Phone Privacy from Invisiv, are also attempting to tackle this issue. We said look, were building a full stack MVNO, so were happy to run our core and our IMS [IP Multimedia Subsystem] over the network and offer voice services, Doyle said.He said said that any modern smartphone could use the Cape MVNO.Cape currently has staff dogfooding phones live nationwide on the network that is, it is using its own staff as guinea pigs for internal beta testing.

Source: Fierce-network

Funding

$40M
Amount
Apr 18 2024
Date
-
Investor
Cape
Company

Classifications

Companies