SpiderOak Raises $16.4 Million In Series C Round

SpiderOak Raises $16.4 Million in Series C Round

January 12, 2023 /Posted bymboogerd@spideroak-inc.com

Empyrean Technology Solutions, a space technology platform backed by Madison Dearborn Capital Partners VII, leads oversubscribed round to complete on-orbit testing, achieve flight heritage of OrbitSecure 2.0 – a revolutionary architecture for space cybersecurity

WASHINGTON, Jan. 12, 2023 /PRNewswire/ — SpiderOak, the leader in zero-trust cybersecurity solutions for next generation space systems, today announced a $16.4M Series C round 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.

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