HomeFundingGeneva-based Silent Circle announces $50 million in Series C funding

Geneva-based Silent Circle announces $50 million in Series C funding

Silent Circle, a pioneer in the mobile privacy market, just secured $50 million in a Series C funding round led by Santander Bank. The Swiss startup will use the growth capital to expand product development, customer service, business development and marketing activities while eliminating its debt.

Silent Circle’s Enterprise Privacy Platform (EPP) is probably the world’s most robust suite of privacy applications, services and devices. Deployed in a range of end markets, the solution is available through an expanding roster of strategic partners worldwide.

Antony Barker, a Managing Director with Santander Bank stated: “We all run our work and personal lives from our mobile devices. That makes secure mobile communications an absolute must-have for a rapidly expanding number of companies, governments and individuals.”

According to ABI Research, the mobile privacy market is expected to double by 2021. Notably, secure mobile revenues will exceed $19 billion in that same timeframe, with more than 20% of those dollars generated by secure voice and secure messaging.

Silent Circle Co-founder and Chairman Mike Janke said: “Our growth in new customers, coupled with expanding engagements with our existing enterprise and government clients, underscores the pressing need for our Enterprise Privacy Platform and the business-critical value proposition it embodies.”

Deployed around the globe, Silent Circle’s EPP includes:

  • Software: Silent Phone application providing secure calling, conferencing, messaging, file sharing and video, all available in minutes via a simple user download
  • Devices: Blackphone handset representing the world’s most secure smartphone, based on an enhanced Android operating system
  • Encrypted Calling Plans: Silent World providing out-of-theater secure calling to land and mobile lines of non-subscribers in more than 100 locations globally
  • Services: Silent Manager delivering organization-wide user management via a web-based administration console

Silent Circle was founded in 2012 and is a leader in enterprise privacy, delivered through a mobile ecosystem of software and services with the aim to build a fundamentally better mobile architecture. The company was co-founded by former Navy SEAL and security expert Mike Janke; Internet Hall of Famer Phil Zimmermann, developer of Silent Circle’s ZRTP cryptography protocol and co-founder of PGP Corporation; and Jon Callas, creator of Apple’s whole disk encryption software and also a PGP Corporation co-founder.

Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

Most Popular