ZenMate Raises Venture Capital Funding

zenmateZenMate, a Berlin, Germany-based internet security solution provider, secured additional venture capital funding.

The amount of the transaction was not disclosed.

Backers included existing shareholders Holtzbrinck Ventures and Project A Ventures and new backer Bessemer Venture Partners.

The company intends to use the funds for development of new products, expected to be released in 2016, and expand the adoption of its offering gloabally.

Led by Simon Specka, founder and CEO, ZenMate provides a free platform and device agnostic internet security solution encrypting browser traffic, hiding real location, unblocking geo-restrictions, providing Wifi and hacker security and protecting user privacy.
It is currently available for Google Chrome, Firefox, Opera, iOS and Android, with other products planned for the future and used by several million users, spanning across 180 countries worldwide.

FinSMEs

28/01/2016

 

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