Mike Janke & Silent Circle Raise $30M, to Launch ‘End-to-End’ Email Encryption

Mike Janke

Maryland-based mobile device encryption firm Silent Circle has secured $30 million in its latest round of financing from investor Ross Perot Jr. and private investment firm Cain Capital, the Washington Post reported Thursday.

Amrita Jayakumar writes that Silent Circle will use the cash to expand operations and further develop products designed for secure communications.

Silent Circle and Spanish company Geeksphone have developed Blackphone and aim to sell more than 3 million units during the next 12 months, according to Jayakumar’s article.

Mike Janke, CEO of Silent Circle, was quoted as saying the company is scheduled to launch a video conferencing platform this summer and an “end-to-end” email encryption service next year.

The Post reports that the company plans to move its global headquarters to Switzerland from its current location in the Caribbean.

Check Also

Sepideh Rowland

K2-FIN Adds Sepideh Behram Rowland to VP Ranks

Sepideh Behram Rowland, a two-decade financial services industry veteran, has assumed a vice president position within the financial crimes risk and compliance practice of K2 Intelligence Financial Integrity Network.

Air Force Issues RFI on Proposed NOVASTAR Intell Analysis Contract Vehicle

The U.S. Air Force has asked information on potential vendors that can provide support services under a proposed contract vehicle that seeks to consolidate 25 intelligence analysis contracts, Bloomberg Government reported Tuesday.