Full-Time
Subscription-based mobile network prioritizing privacy
$150k - $220k/yr
Mid, Senior
Washington, DC, USA + 1 more
More locations: New York, NY, USA
US Top Secret Clearance Required
Cape offers a mobile network service that focuses on providing secure and private wireless coverage. The company operates on a subscription model, where customers pay a regular fee for access to its services. Cape's technology ensures that users' personal information, including names, numbers, and locations, is kept anonymous and untraceable, protecting them from potential hackers. This emphasis on privacy sets Cape apart from other telecommunications providers, as it prioritizes minimal data collection and does not sell or misuse customer information. With the increasing concern over data privacy, Cape aims to lead the market by catering to individuals who value their personal security while using mobile services.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$91M
Headquarters
Chesapeake, Virginia
Founded
1998
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Health Insurance
Unlimited Paid Time Off
401(k) Company Match
Mobile networks continue to be a major target for cybersecurity breaches, and Chinese hacking group Salt Typhoon's persistent attacks on multiple carriers
As venture capital coalesces around the national capital, the surrounding region recently saw a big leap in how much these investors have put into companies with local ties. Companies in DC and its suburbs collected $1.7 billion in investment across 67 deals during 2024’s second quarter, according to the latest quarterly Venture Monitor report that PitchBook and the National Venture Capital Association (NVCA) released on Thursday. This is twice the amount that was invested in the prior quarter, as well as the greatest sum of funds since the first quarter of 2022, which saw a nearly $2.1 billion investment.JUUL brought in an overwhelming portion of last quarter’s investment — about $1.3 billion. The electronic cigarette company, which relocated to DC in 2020 but still has a massive West Coast presence, raised almost as much in a mega deal that topped PitchBook’s regional figures for Q4 2023. These latest tallies represent an uptick in investment compared to the first quarter’s quieter start to the year, which brought in $858 million. There were 67 deals reported in the second quarter, just three more than the preceding one
Privacy-first mobile carrier Cape today has unveiled a partnership with IT&E Guam, the largest provider of mobile technology in Guam and the northern mariana islands.
Privacy-first mobile carrier Cape announced it raised $61 million in funding led by A* and Andreessen Horowitz.
Cape will be focus on providing eSIMs to users, which would be sold essentially on a prepaid format to avoid the data that a contract might entail.