At this point, it’s clear that the disappearing message market isn’t just going to fade away.
Wickr, an app that lets you securely send self-destructing text, audio, and video messages, announced today that it has raised a second funding round of $30 million. The round was led by Jim Breyer, founder and CEO of Breyer Capital, who’s also joining the company’s board.
The news comes only a few months after Wickr announced its $9 million first round. Wickr claims it now has the resources to “build the most trusted communications system in the world.”
Wickr’s app encrypts all of your messages and ties content to your device, instead of it being tied to a user account or to you personally. In the wake of the NSA spying scandal, everyone from mainstream consumers to big business is paying special attention to data privacy. So it’s not a huge surprise that investors were quick to pour even more money into Wickr.
As part of its scaling plans, Wickr is building up a new Financial Services Division led by Andrew Caspersen, the former chief security and privacy officer at Schwab, based in Chicago.
“Wickr confronts the challenges of providing global private communications with the perfect combination of both innovation and integrity,” Breyer said in a statement today. “I am excited to join the board and look forward to working with [Wickr co-founder and CEO] Nico [Sell]’s team to build a secure social network for billions.”
We’ll be speaking with Sell later today, so check back for updates.
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