Consumer-facing security tools often focus on one kind of modality, such as password protection, VPNs, or identity management. This forces people to use multiple tools to keep their data private. Cloaked, the company that instead offers a bundle of security and privacy solutions, announced on Thursday that it has secured $375 million in Series B funding and growth financing to expand its consumer offering and move into the enterprise market.
The company was founded by brothers Arjun and Abhijay Bhatnagar in 2020, and initially offered users the ability to create multiple identities with data such as emails, phone numbers, and passwords to log in to different services without providing their actual data. Over the years, Cloaked rolled out other services like data removal, identity theft insurance, VPN, and dark web monitoring. Last year, it introduced AI-powered call screening.