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
- 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
NOW WATCH: Jeff Bezos on breaking up and regulating Amazon
See Also:
- The 50 best places to live in America for 2018
- These are the 21 most highly-funded tech startups from the last quarter — and most of them you've never heard of
- This $4 billion company is betting big on Google Cloud as it makes its algorithms smarter and its employees more productive
from Feedburner https://ift.tt/2snIR8v
via IFTTT
Comments
Post a Comment