Silent Circle

Silent Circle Just Raised $50M Led By Santander Bank

Geneva-based Silent Circle an encrypted communications company just raised $50 million in a series C round led by Santander Bank. They also make a security-focused Android smartphone called the Blackphone. This Company was founded on January 1, 2012, Geneva, Switzerland.

Silent circle is focused on building robust software and services for enterprises to provide data privacy. This includes the Silent Phone app that can be installed on devices to provide secure calls, messaging, and file-sharing, while the Silent Manager admin console gives company head complete control of users, groups, plans, and devices across the entire organization.

“We all run our work and personal lives from our mobile devices,” said Antony Barker, a managing director with Santander Bank. “That makes secure mobile communications an absolute must-have for a rapidly expanding number of companies, governments, and individuals.”According to Neiderman, some proceeds from the round, which closed in late May, have already been used to retire the company’s debt.

SILENT CIRCLE TOTAL FUNDING : $130M IN 3 ROUNDS : [ Via Venture Pulse Data ]

DateFunding AmountFunding RoundLead VC/Investor
Jul, 2016$50MSeries CSantander Bank
Feb, 2015 $50MVenture
May, 2014 $30MVentureCain Capital/Ross Perot