Cloaked Expands to Enterprise, Secures $375M in Series B Funding, 2026

LONDON, March 19, 2026 — Cloaked, a consumer-focused privacy company, announced today that it has raised $375 million in Series B funding and growth financing. The funding will support its expansion into the enterprise market while bolstering its consumer offerings, according to a TechCrunch report.

Executive Summary

Cloaked, founded in 2020 by brothers Arjun and Abhijay Bhatnagar, has emerged as a leader in the privacy technology sector. For more on [related ai developments](/ai-statistics-the-definitive-numbers-behind-a-transforming-industry). The company initially focused on helping consumers protect their personal data through tools like email and phone number masking. Over time, it expanded its offerings to include services such as VPNs, dark web monitoring, and AI-powered call screening. With this latest funding, Cloaked plans to enter the enterprise market while continuing to innovate in consumer privacy solutions.

Key Developments

• Cloaked raised $375 million in Series B funding and growth financing, as reported by TechCrunch.
• The company was founded in 2020 and initially focused on consumer privacy, offering tools like identity masking and data removal.
• In recent years, Cloaked introduced features such as AI-powered call screening, VPNs, and identity theft insurance.
• This funding round marks a significant step in Cloaked's expansion into the enterprise market.

Market Context

The privacy technology sector has been growing rapidly as consumers and businesses grapple with increasing data breaches and privacy concerns. Companies like Cloaked address a critical gap in the market by offering bundled privacy solutions, eliminating the need for multiple tools. The enterprise expansion aligns with broader trends in corporate cybersecurity investments, as businesses now prioritize protecting sensitive customer and employee data amid regulatory pressures such as GDPR and CCPA. Cloaked's pivot to enterprise services positions it to compete with established players like Okta and IBM's cybersecurity division while retaining its consumer-focused edge.

BUSINESS 2.0 Analysis

Cloaked's latest funding round underscores the growing investor confidence in privacy-first technologies. The $375 million injection will likely be used not only for product development but also for scaling operations to cater to enterprise clients. Cloaked's unique selling point lies in its bundled approach to privacy, combining tools like identity masking, AI-powered call screening, and dark web monitoring in a single platform. This approach simplifies privacy management for users and could prove to be a competitive advantage as the company enters the enterprise market.

However, the transition to enterprise services introduces new challenges. For more on [related ai developments](/boston-dynamics-humanoid-robot-to-have-google-deepmind-ai-6-january-2026). Enterprise clients demand robust scalability, compliance, and integration capabilities, which may require significant investments in infrastructure and talent. Moreover, Cloaked will face stiff competition from established enterprise cybersecurity firms that already have a strong foothold in the market. To differentiate itself, Cloaked may need to leverage its consumer-driven innovations, such as AI-powered call screening, to offer unique solutions tailored to enterprise needs.

From an investor standpoint, Cloaked's ability to seamlessly pivot between consumer and enterprise markets will be crucial for sustaining growth. The funding also highlights broader market trends, including increased venture capital interest in privacy tech startups, signaling a maturing sector ripe for consolidation and innovation.

Why This Matters for Industry Stakeholders

For consumers, Cloaked's continued focus on privacy tools ensures enhanced protection against data misuse and identity theft. Enterprises stand to benefit from Cloaked's innovative solutions, which could streamline data protection processes while addressing regulatory compliance requirements. For investors, the company's dual focus on consumer and enterprise markets represents a diversified growth strategy, reducing dependency on a single revenue stream. Finally, Cloaked's expansion reflects a broader shift in the tech industry toward prioritizing privacy and security as core business functionalities rather than optional features.

Forward Outlook

Cloaked's move into the enterprise market is a bold step that could significantly expand its addressable market. In the short term, the company is likely to focus on building partnerships with enterprise clients across sectors like finance, healthcare, and retail, where data privacy is paramount. In the long term, Cloaked may explore strategic acquisitions to bolster its capabilities and enter adjacent markets such as IoT security or blockchain-based identity management.

However, success is not guaranteed. Enterprise markets are notoriously competitive, and Cloaked's ability to scale its operations while maintaining the quality and reliability of its services will be a key determinant of its success. Investors and stakeholders should watch for updates on enterprise client wins, product rollouts, and potential regulatory hurdles in key markets.

Key Takeaways

• Cloaked raised $375 million in Series B funding to expand into enterprise markets.
• The company offers bundled privacy solutions, including identity masking and AI-powered tools.
• Founded in 2020, Cloaked has steadily expanded its consumer offerings over the years.
• The enterprise pivot positions Cloaked to compete with established cybersecurity firms.
• Investor interest reflects broader market trends favoring privacy-first technologies.

References

1. TechCrunch
2. Bloomberg Technology (general industry context)
3. Wall Street Journal Technology (privacy tech trends)

Source: TechCrunch

FAQs

• What is Cloaked and why is it significant?
  Cloaked is a privacy-focused technology company founded in 2020 that offers bundled tools for data protection, including identity masking and AI-powered features. Its recent $375 million funding round highlights its growing influence in both consumer and enterprise markets, according to TechCrunch.
• How will Cloaked's expansion impact the enterprise market?
  Cloaked's entry into the enterprise sector introduces new privacy tools tailored for corporate clients. This shift could disrupt established players by offering innovative, consumer-driven solutions.
• What does this funding round mean for investors?
  The $375 million Series B funding signals strong investor confidence in privacy-first technologies. It also positions Cloaked for long-term growth across multiple markets.
• What services does Cloaked currently offer?
  Cloaked provides a range of services, including identity masking, VPNs, dark web monitoring, data removal, AI-powered call screening, and identity theft insurance.
• What challenges might Cloaked face in the future?
  Cloaked will need to navigate stiff competition in the enterprise market while ensuring scalability and compliance. Regulatory challenges and the need for continuous innovation could also pose hurdles.