SafeHouse Technologies Ltd, a startup focussed on mobile-first cybersecurity, has raised $2.2 million in seed funding round led by Barclays UK Ventures, the venture capital business unit of British multinational financial services group Barclays. Other investors that participated in the funding round is Purnendu Chatterjee, the founder and chairman of The Chatterjee Group. It was founded by Aditya Narang and Liad Herman.
Earlier in Feb’19 it had raised around $490,000 in a funding round from IDFC Parampura Early Stage Opportunities Fund.
The company will invest its fund in promoting BodyGuard, its flagship security app, and increase its investment in research and development. Also, the company will expand their reach in India and United Kingdom.
SafeHouse claims it has already shipped at least one lakh units to more than 5,000 stores across the country.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.