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Venture Capital News: SpiderOak Receives $16.4M Series C Financing

WASHINGTON, DC, SpiderOak, the leader in zero-trust cybersecurity solutions for next generation space systems, today announced a $16.4 million Series C round.
The round was led by Empyrean Technology Solutions, a space technology platform backed by funds affiliated with Madison Dearborn Partners, a leading private equity firm based in Chicago. The Series C round included additional investment from Method Capital, and OCA Ventures. The oversubscribed round further validates the immediate need for end-to-end cybersecurity solutions to protect space mission systems.

SpiderOak is a 100% U.S.-owned and operated software company that delivers end-to-end cybersecurity solutions for civil, military and commercial space operations. Our commercially available products are built upon a foundation of zero-trust encryption and distributed ledger, ensuring the confidentiality, integrity and availability of your most sensitive data in the space domain.
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