Today, IVP is co-leading Cape's $100M Series C alongside Bain Capital Ventures (BCV). Cape has rebuilt a carrier from scratch — owning the mobile core, SIMs, and software layer — so that security is enforced at the infrastructure level rather than layered on top of a compromised foundation. The Salt Typhoon attacks made this problem visible, but the vulnerability has always been structural, and the surface area that needs securing keeps growing as cellular becomes the default connectivity layer for government, enterprise, and consumers. We've been tracking Cape for a while, and the more time we spent with John Doyle and the team, the clearer it became that the conviction here runs deep. Welcome to IVP, Cape. https://lnkd.in/gtbwewai
Greg Sands
2w
Welcome to the Cape Crew!
IVP to see Cape tackling security at the infrastructure level ,at Path-IQ, we share that same conviction that true innovation starts with a secure, purpose-built foundation