Cloud Constellation receives Series B commitment
(20 December 2018 - Cloud Constellation) Cloud Constellation announced today the commitment of $100 million from HCH Group towards its Series “B” equity round. Cloud Constellation’s SpaceBelt is an innovative cloud service for the protection of an organization’s strategic, mission-critical data assets.
Cloud Constellation’s SpaceBelt Data Security as a Service (DSaaS) uniquely offers secure, global managed network services and cloud data storage in space to enterprise, government and military organizations. Envisioned as an extension of an organization’s enterprise network, SpaceBelt provides secure, dynamic network and cloud data storage services between any locations on Earth. Utilizing a network of eight satellites in low earth orbit (LEO), SpaceBelt provides the strongest data security possible, whether at rest or in motion, by providing global isolation of an organization’s high-value, highly sensitive data assets from the data breach risk of terrestrial networks.
Clifford W. Beek, CEO and president, Cloud Constellation Corporation, said: “HCH’s financial commitment to SpaceBelt builds on our momentum to execute on our vision to offer global data protection that leverages commercial space.”
About Cloud Constellation
With offices in Los Angeles, Washington DC and Europe, Cloud Constellation Corporation’s SpaceBelt DSaaS is a patented, high-speed global data network and cloud data storage service, utilizing space-based data storage. SpaceBelt provides a seamless, global secure cloud infrastructure for enterprise, military and government organizations around the world.
Founded in 2014, HCH provides one-stop incubation services, including: investment, supply chain, accelerating, space, manufacturing, and innovation.