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Cape dials up $61M from a16z and more for mobile service that doesn t use personal data

AT&T's recent mega customer data breach — 74 million accounts affected — laid bare how much data carriers have on their users, and also that the data is there for the hacking. On Thursday, a startup called Cape — based out of Washington, D.C., and founded by a former executive from Palantir — is announcing $61 million in funding to build what it claims will be a much more secure approach: It won't be able to leak your name, address, Social Security number or location because it never asks for these in the first place. The funding is notable in part because Cape's appeal to users is not yet proven.

Cape dials up $61M from a16z and more for mobile service that doesn t use personal data

Cape will be focus on providing eSIMs to users, which would be sold essentially on a prepaid format to avoid the data that a contract might entail.

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