BlackPhone Maker Rakes in Its Target $50 Million in Funding

/ 4 years ago


Silent Circle now owns the encrypted Android-based handset, BlackPhone, thanks to its crowdfunding success that brought the company the means to own the brand.

While details regarding the deal with Spanish smartphone manufacturer Geeksphone were not disclosed, Silent Circle announced on Thursday that is raised $50 million and plans on revealing an encrypted “enterprise privacy ecosystem” at World Mobile Congress next week, while also hinting at a BlackPhone tablet which should be in the works.

“Silent Circle has brought tremendous disruption to the mobile industry and created an integrated suite of secure enterprise communication products that are challenging the status quo,” Mike Janke, cofounder and chairman of the Silent Circle board, said in a statement. “This first stage of growth has enabled us to raise approximately $50M to accelerate our continued rapid expansion and fuel our second stage of growth.”

The BlackPhone has been adopted as a new means of secure mobile communications as highlighted per Edward Snowden’s disclosure that the governments may have breached encryption protocols, especially on Gemalto’s SIM cards.

Thank you Arstechnica for providing us with this information

Topics: , , , , ,


By supporting eTeknix, you help us grow. And continue to bring you the latest news, reviews, and competitions. Follow us on Facebook and Twitter to keep up with the latest technology. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!
eTeknix FacebookeTeknix TwittereTeknix Instagram

Check out our Latest Video

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

  • Be Social with eTeknix

  • Poll

    Do you like RGB?

    View Results