The start-up had previously raised investment from backers such as Elysium Venture Capital and Morpheus Ventures. Wire said at the time it would invest the funds in further product development and growing its headcount across its Berlin headquarters and offices in Switzerland and San Francisco. Last April, Wire secured $21m in a funding round led by UVC Partners, a venture capital firm based in Munich and Berlin that invests in B2B companies. It brings the total amount raised by Wire to date to €53m. The latest funding round was co-led by growth equity firm Cipio Partners and Friis’ investment vehicle Iconical.

“With its end-to-end encryption that has been independently audited and its code that is open source, Wire allows any organisation to deploy a communication product they can trust.” “The need for secure communications is constantly growing,” said Skype co-founder Janus Friis, who Wire said has been a supporter of the platform since it was launched. The company has more than 1,800 government and enterprise customers worldwide, including five of the world’s G7 governments. Wire aims to meet this demand with its platform for messaging, file sharing, video and voice calling, built with end-to-end encryption. With an increase in remote working and the threat of cyberattacks growing, secure collaboration online is crucial for governments and enterprises. The funding round co-led by Skype’s Janus Friis brings the total amount raised by collaboration tech start-up Wire to €53m.īerlin-based encrypted collaboration start-up Wire has raised €24m in fresh funding, with backing from the co-founder of Skype.

New skype ceo