ZenGuard Receives Funding
ZenGuard, a Berlin, Germany-based Internet security startup, received a mid six figure funding.
Backers included Project A Ventures, which will also provide operational expertise in the areas of performance marketing and IT, as well as David Khalil Philipp Maier and Robert Kreibohm.
The company intends to use the funds for technical development, development of new products as well as hiring of new people (read here).
Founded in 2013 by CEO Simon Specka and Markus Hanel, ZenGuard has developed the browser plug-in ZenMate, which protects user privacy while surfing by encrypting the outgoing and incoming traffic.
The company had received funding from the Axel Springer Plug & Play Accelerators.