[ISN] Secure Messaging App Wickr Raises $30 Million Series B

http://techcrunch.com/2014/06/26/secure-messaging-app-wickr-raises-30-million-series-b/ By Sarah Perez TechCrunch.com June 26, 2014 Self-destructing and encrypted messaging app Wickr raised $30 million in Series B funding, the company is announcing today, in a round led by Jim Breyer, founder and CEO of Breyer Capital, with participation from CME Group and Wargaming. Breyer will now join the company’s board. The new round comes on the heels of Wickr’s $9 million Series A announced earlier this year. The app was created by CEO Nico Sell, also co-founder of the DEF CON security conference, as a tool that allows senders and receivers to communicate privately. Only the receiver is able to decrypt the message after it’s sent, as the company itself does not hold the decryption keys. Security and privacy are popular topics in this post-Snowden era, where a backlash against mainstream social services is finding new footing with those of a younger generation, as well as those wanting to protect themselves from overzealous ad-targeting or even in some cases, totalitarian government regimes. […]




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