Business, Investments

Blackphone maker Silent Circle gets USD 30 million

Silent Circle, the company behind the privacy-oriented Blackphone, has raised USD 30 million in a fresh round, on Wednesday. The investment was led by Ross Perot Jr. and private investment fund Cain Capital LLC. The raised funds will be used to support accelerated growth and to meet massive demand for its secure smartphone.

Launched in 2012, it is a venture of Philip Zimmermann, Michael Janke and Jon Callas. It is a global encrypted communications service headquartered in Switzerland, which provides cutting edge encrypted texts and secure communication via mobile phone, email, voice and video.

The company sells apps for devices using Google Inc’s Android operating systems and Apple Inc’s iOS that encrypt texts and phone calls. In February this year, it has launched “Blackphone” with 4.70-inch 720×1280 display powered by 2GHz processor alongside 2GB RAM and 8-megapixel rear camera. This smartphone is loaded with a customized version of the Android operating system known as PrivateOS and with a suite of security and private apps.

“The move to Switzerland is extremely important for us as a company serving a global customer base. Switzerland’s strong privacy laws, legendary neutrality, and economic business advantages will allow us the ability to scale to Silent Circle’s rapid adoption by businesses, governments, and individual prosumers around the world,” said Vic Hyder, Chief of Revenue, Silent Circle.

It has also landed a partnership with Dutch telco KPN to offer the encrypted services of the Silent Circle. The company has purchased the exclusive rights for Belgian, Dutch and German markets.

At present, the company is adopted in over 130 countries, 23 of the global Fortune 50 enterprises and governments from 11 nations.

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