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.
