SILENT CIRCLE announced on Wednesday that it has raised enough cash to meet growing demand for its privacy-focused Blackphone device.
Silent Circle said that it has received $30m in funding from some "renowned" investors including former BT CEO Sir Peter Bonfield and private investment fund Cain Capital LLC.
The company said it will use this funding to finance production of its encrypted Blackphone device, which Silent Circle boasts has seen "overwhelming demand" in the wake of NSA surveillance revelations. With its first smartphone, Silent Circle is promising that all of a user's data will be kept secure, with the smartphone arriving equipped with $700 worth of security features.
It will also use the $30m to help meet the demand for its encrypted mobile services on iOS and Android, the firm said on Wednesday.
Silent Circle CEO and co-founder Mike Janke said, "Today's announcements mark tremendous momentum in our goal of delivering secure and private communications on a global scale.
"Awareness of global privacy threats is irrevocably affecting individuals' and businesses' behaviour and driving worldwide demand for Silent Circle's unmatched secure communication technology, calling plans and Blackphone devices.
"With a customer base including consumers in over 130 countries, 23 of the global Fortune 50 enterprises and governments from 11 nations - we now have the resources to meet the demand for our encrypted mobile voice, video, secure file transfer and international secure calling plans - all available for iOS and Android."
Check out our hands-on first impressions of the Silent Circle Blackphone. µ