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Classified in: Science and technology, Business
Subject: VEN

Cloud Constellation Corporation Receives $100M Series B Commitment


LOS ANGELES and HONG KONG, Dec. 20, 2018 /PRNewswire/ -- Cloud Constellation Corporation, a space-based cloud service provider of data security services, announced today the commitment of $100 million from HCH Group Company, Ltd. towards its Series "B" equity round. Cloud Constellation's SpaceBelttm is an innovative cloud service for the protection of an organization's strategic, mission-critical data assets.

Spacebelt Logo (PRNewsFoto/Cloud Constellation Corporation) (PRNewsfoto/Cloud Constellation Corporation)

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 Corporation:
With offices in Los Angeles, Washington DC and Europe, Cloud Constellation Corporation's SpaceBelttm DSaaS is a patented, high-speed global data network and cloud data storage service, utilizing space-based data storage. SpaceBelttm provides a seamless, global secure cloud infrastructure for enterprise, military and government organizations around the world. Please visit our website at www.spacebelt.com.

About HCH:
Founded in 2014, HCH provides one-stop incubation services, including: investment, supply chain, accelerating, space, manufacturing, and innovation. 

Media Contact:                           

Cloud Constellation Corporation Contact:

Laura Schaub                               

Dennis R. Gatens

Nadel Phelan, Inc.                         

571-577-0726

831-440-2414                                 

[email protected]

[email protected]  


 

SOURCE Cloud Constellation Corporation


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