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Cloakware

Cybersecurity · Vienna, United States · Founded 1997

Cloakware provides software tech solutions for securing business apps and digital assets in enterprise, consumer and government markets MoreLess

Cloakware operates as a specialized provider of software security solutions, focusing on protecting applications and digital assets for a diverse client base that spans enterprise, government, media and entertainment, gaming, and connected transport sectors. Initially a privately held company, Cloakware was acquired by Irdeto, a subsidiary of the Naspers media group, on November 30, 2007, for $72.5 million. This acquisition was a strategic move for Irdeto to broaden its content security offerings and expand its market reach, particularly into North America.

The company's core business revolves around providing technologies that make software tamper-resistant. Its main product, Cloakware® Software Protection, is a suite of tools and libraries that embed security directly into an application's source code during the build process. This methodology protects against reverse engineering, tampering, and data exfiltration, allowing applications to be deployed securely even in hostile or untrusted environments. The technology utilizes advanced techniques such as data and control flow transformations, anti-debugging, and white-box cryptography. White-box cryptography is a key feature, designed to hide critical data and keys within the cryptographic algorithm itself, making them secure even if an attacker has full visibility into the operations.

Cloakware serves a notable roster of clients, including major corporations like Texas Instruments, Vodafone, and State Street. The business model is centered on providing these security solutions to companies that need to protect their intellectual property, revenue streams, and sensitive data. The company's offerings were historically divided into two main lines: Datacenter solutions and Consumer Product solutions. The Datacenter solutions, such as the Cloakware Password Authority, focused on managing privileged passwords for enterprise IT infrastructure. This password management business was later acquired by Xceedium in 2011. The Consumer Product solutions protect software and content on a wide array of devices like PCs, set-top boxes, mobile phones, and media players. As part of Irdeto, Cloakware continues to secure digital assets and has evolved to offer its protection capabilities as managed services, some of which are augmented by machine learning.

Keywords: software security, application protection, tamper resistance, white-box cryptography, digital asset protection, anti-reverse engineering, code obfuscation, content protection, digital rights management, DRM, Irdeto, mobile security, IoT security, anti-tamper, source code protection, software shielding, application hardening, data exfiltration prevention, cybercrime fighting, digital platform security

Company overview

Cloakware company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
1997
Headquarters
Vienna, United States
Employees
10
Open positions
None listed
Dealroom signal
25.0
client focusb2btechnologyDeep Techsub industryIdentity & AccesssectorBusiness DevelopmentindustrySecuritysectorHard TechsectorDT and LS

Valuation & funding

Cloakware funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Sep 2011 $0 Xceedium
SERIES BEquity / VC Mar 2005 $10M $40M Globespan Capital Partners · Intel Capital · TD Capital
SERIES BEquity / VC Jun 2003 $4.2M $17M Intel Capital · Covington Capital
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 10
2025 10
2024 10
2023 10
2022 10
2021 10
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Growth signals

Cloakware website traffic

Latest recorded traffic for Cloakware is 120 monthly website visits, down 53.8% over the last three months. Cloakware's team grew 0% over the past year.

Latest monthly visits120 3-month web change-53.8% 1-year team growth0%
Monthly website visits46 observations · Apr 2016–Nov 2023
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Comparisons

Cloakware compared with similar companies

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Talent graph

Cloakware's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on Cloakware's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Intel Capital
Covington Capital
Globespan Capital Partners
TD Capital
Other known 1 additional known investor
Xceedium

Global footprint

Where Cloakware has talent and traffic

Workforce by country
🇺🇸 United States · Vienna HQ
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In the news

Latest news about Cloakware

Recent press, funding announcements, and product moves mentioning Cloakware — open to read from the original sources.

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Market sentiment

What the market is saying about Cloakware

An AI-synthesized read of the highest-engagement posts about Cloakware on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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