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Cape dials up $61M from a16z and more for mobile service that doesn’t use personal data

ID: 6dda3f03-c9f5-5a8d-8e32-fd0e89000daa

STIX ID: report--6dda3f03-c9f5-5a8d-8e32-fd0e89000daa

Feed Name: TechCrunch Security News

Date Published: 2024-04-18

Date Updated: 2026-04-23

Author: Ingrid Lunden

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Cape, a D.C.-based startup founded by a former Palantir executive, announced $61 million across seed to Series B to build a privacy-first mobile service that sells prepaid eSIMs and stores sensitive credentials locally, aiming to limit exposure of identity and location data on carrier networks. It does not focus on encrypting app content (deferring to tools like Signal or Proton Mail), has a pilot with the U.S. government securing communications on Guam, and a partnership with UScellular, with a consumer launch planned for June; the recent AT&T breach is cited as context for demand.

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