Fenwick Represents Cape in $61M Financing Rounds

Fenwick represented Cape, a pioneering privacy-first mobile carrier, in its $61 million financing rounds led by A* and Andreessen Horowitz. XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures also participated in the financing.

Cape will use the funds to build a nationwide mobile network that provides premium wireless coverage which masks personal identifying information like names, numbers, and locations. More information can be obtained from the company’s announcement.

The transaction was led by corporate partner Michael Brown and included associates Serena Ward and Kate Pfeiffer.