Barclays Ventures, Techstars back cybersecurity startup SafeHouse Technologies
Tel Aviv, Israel-based cybersecurity company SafeHouse Technologies has raised over $2.2 million in seed funding from London-based venture capital firm Barclays Ventures and Colorado, US-based venture capital firm Techstars.
The company plans to use the funds to expand its presence in India and the UK.
“The funds would be appropriated for the promotion of our flagship mobile security app BodyGuard, bolster investment in research and development to enhance the customer experience even more and for the expansion of our operations in India,” said Aditya Narang, spokesperson, SafeHouse Technologies, according to a statement.
The BodyGuard app encrypts and secures mobile phones. The company claims it secures end-users from a wide range of cyberattacks such as phishing, ransomware and malicious links.
The Israeli startup says it wants to democratise the entire cybersecurity framework for the everyday consumer.
SafeHouse has offices in Gurgaon, India and London, United Kingdom.
Last year, SafeHouse was chosen out of over 10,000 startups for the Techstars and Barclays accelerator programme in Tel Aviv. It later emerged as the winner out of over 3000 start-ups in the cybersecurity category at the Tech Rocketship Awards at British High Commission in Delhi.
Founded in 2016 by Aditya Narang and Liad Herman, SafeHouse Technologies is a mobile-first cybersecurity company that claims to provide military-grade cybersecurity to the internet users.