Cloud Constellation Receives Funding Commitment from HCH Group Company

Cloud Constellation Corporation, a space-based cloud service provider of data security services, has received a commitment of $100 million from HCH Group Company, Ltd., toward the firm’s 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 and is a Data Security as a Service (DSaaS) that 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.

Using a network of eight satellites in 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.

Executive Comment

Cliff Beek, CEO and President, SpaceBelt

Clifford W. Beek, CEO and president, Cloud Constellation Corporation, said that HCH’s financial commitment to SpaceBelt builds on the firm’s momentum to execute on the company’s vision to offer global data protection that leverages commercial space.

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