Silent Circle raises USD 30 mln, moves to Switzerland

Nieuws Mobiel Wereld 21 MAY 2014
Silent Circle raises USD 30 mln, moves to Switzerland
Silent Circle, a developer of mobile encryption and security software, announced it has raised USD 30 million in a round of funding led by investors including Ross Perot Jr and private investment fund Cain Capital. Silent Circle will use the cash to accelerate its growth and further develop the Blackphone, its secure smartphone. The company also announced that it has added Perot and Peter Bonfield, the former CEO and chairman of BT, to its advisory board and appointed Anurag Jain, formerly a senior Dell executive, as vice chairman. 

Silent Circle said its customer base already counts consumers in over 130 countries, 23 of the global Fortune 50 enterprises and governments from 11 nations. Silent Circle also announced that it is relocating its global headquarters from the Caribbean island of Nevis to Switzerland. The company also has offices outside Washington, DC and in London and data centres in Canada and Switzerland. Silent Circle said Switzerland's "strong privacy laws, legendary neutrality and economic business advantages" support its efforts to offer secure, private communications. 

In addition, Silent Circle confirmed the Blackphone, developed with Spain's Geeksphone and first unveiled in January, will start shipping in June. It features PrivatOS, a privacy-enhanced operating system built on Android and a full suite of privacy-enabled applications, including Silent Phone and Silent Text.

Categories:

Mobiel

Companies:

GeeksPhone,  Silent Circle

Regions:

Wereld

Tags:

Production planning & operations, Security, Launch, Handsets, Financial funding

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