Privacy Startup Cloaked Raises $375M as It Expands From Consumer to Enterprise

Cloaked, a consumer-focused privacy company that lets users generate disposable phone numbers, emails, and identities, raised $375 million in a new funding round as it expands into enterprise customers, TechCrunch reports. The company's consumer product masks personal information to reduce spam, phishing exposure, and data broker tracking. Its enterprise expansion targets companies that want to offer privacy-preserving identity tools to their own customers or employees. The round is one of the largest privacy technology raises in recent memory and reflects increasing enterprise demand for identity and data protection products as regulatory pressure around data collection has grown globally.