Cloud Constellation Got $100 Million Series B Commitment

Cloud Constellation Corporation, a space-based cloud service provider of data security services, announced the commitment of $100 million from HCH Group company, Ltd. towards its series B equity round.

Cloud Constellation’s SpaceBelt is a cloud service for the protection of an organization’s strategic, mission-critical data assets.

SpaceBelt Data Security as a Service (DSaaS) offers secure, global managed network services and cloud storage in space to enterprise, government and military organizations. Envisioned as an extension of an organization’s enterprise network, it provides secure, dynamic network and cloud storage services between any locations on Earth. Utilizing a network of eight satellites in low earth orbit (LEO), it provides strong data security, 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, 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.”