Accenture Ventures, Raytheon Technologies’ RTX Ventures, and Stellar Ventures announced strategic investments in SpiderOak

WASHINGTON — SpiderOak, a firm that specializes in cybersecurity for space systems, announced new strategic investors.

The new investors are Accenture Ventures, Raytheon Technologies’ RTX Ventures, and Stellar Ventures, the companies announced May 18, although they did not disclose the value of the agreements.  The strategic investments by these firms are separate from the $16.4 million Series C funding round that SpiderOak announced in January.

“This investment will accelerate SpiderOak’s deployment of zero-trust, end-to-end data security solutions for commercial and government customers operating in space,” SpiderOak’s CEO Dave Pearah said in a statement.

The company, founded in 2007, developed a cybersecurity system called OrbitSecure used to protect satellites and ground infrastructure. About half of SpiderOak’s business is from government contracts.

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