HomeFundingZenMate raises its $3.2m Series A round led by Holtzbrinck Ventures

ZenMate raises its $3.2m Series A round led by Holtzbrinck Ventures

Premier consumer security and privacy suite ZenMate today announced its Series-A funding round of a $3.2m led by influential German internet investors Holtzbrinck Ventures.

In the latest ZenMate’s financing round, Holtzbrinck Ventures is also joined by current investor and company builder Project A Ventures, while new investors include Shortcut Ventures and T-Venture, both of whom can offer potential strategic support to ZenMate’s growing mobile offerings, thanks to Limited Partners of ePlus and Deutsche Telekom respectively.

Launched in July 2013, ZenMate represents a free platform and device agnostic internet security solution that acts in a similar way to a VPN connection. It won the Europas-Award for Best Security/Privacy Startup of 2014. Today it also announces that its registered users have grown to more than 5million in 180 countries in just over a year. Initially launched as a browser extension for Google Chrome, ZenMate announced versions for iOS and Android in August 2014. Today it also announced a new product for Firefox browsers, the first to the market for a worldwide VPN-like encryption service for Mozilla fans.

ZenMate’s founder and CEO, Simon Specka says: “Over the past 18 months we have focused on making ZenMate the best of its kind, and watched it grow to be a product that millions around the world have come to trust. With our new investment we hope to scale and grow our product family, to become the number-one privacy solution of its kind.”

Barbod Namini, Principal at Holtzbrinck Ventures said: “We saw an incredibly talented team in ZenMate, with deep technical knowledge and a crystal-clear product vision. Their already global reach and strong growth puts them on the right path to becoming a household name in internet security.”

Marko Srsan
Marko Srsan
founder @TimePrepCFA, blogger interested in startups and VC along with social media and project management, a drummer and a passionate FC Bayern Munchen fan :)

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