A data privacy firm started by an engineer who worked for America's spy agency raised $35.7 million in funding led by Mark Zuckerberg's wealth manager

John and Will Ackerly Virtru

  • An email encryption company founded by a former NSA engineer had just secured $37.5 in a round led by ICONIQ Capital
  • Virtru uses technology invented by Will Ackerly, the company's CTO, while he was working at the NSA.
  • The company plans to use the money to expand beyond email and into services that store data in the cloud.

Virtru, a data privacy company founded by a former NSA engineer, has raised $37.5 million in a series B preferred stock financing round led by ICONIQ Capital, the firm most famous for managing Mark Zuckerberg's wealth fund. 

Bessemer Venture Partners, New Enterprise Associates, Samsung, Blue Delta Capital, and Soros Capital have also previously invested in the company and are joining the funding round. To date, the company has raised $76.8 million.

See the rest of the story at Business Insider

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