ArmorText Raises $2 Million For Its Safe Cellular Messaging Service For Enterprise
An organization referred to as ArmorText, which is creating a safe messaging shopper for the enterprise designed to satisfy the wants of these in regulated markets, has simply raised almost $2 million in outdoors funding. The spherical, which continues to be ongoing, might prime that quantity when it absolutely closes. Main the spherical for the Washington D.C.-based mostly startup was the micro fund Cervin Ventures. Different personal buyers additionally participated.
ArmorText grew out of an earlier product from an organization then referred to as Gryphn, which had been engaged on a Snapchat-like messaging app that allowed customers to share disappearing messages, photographs and movies. However to distinguish itself from the rising variety of “ephemeral” messaging apps within the shopper area, the corporate started to concentrate on constructing out encryption applied sciences that may permit its customers to share extra personal and private knowledge, like passwords, PIN codes or different enterprise info.
In the present day, one of many options that makes ArmorText stand out versus quite a lot of shopper-grade personal messaging apps is that it encrypts the messages on the system itself, not within the cloud. In the meantime, the app nonetheless gives the looks of ephemeral messaging, as messages and different content material that’s being despatched out from the telephone will disappear based mostly on the timer settings the consumer specifies, just like Snapchat.
Nevertheless, corporations themselves can nonetheless retrieve these messages their staff ship when want be, utilizing ArmorText’s auditing know-how.
As well as, to improve its product’s capabilities, ArmorText acquired one other cellular startup generally known as Uppidy final spring, which was constructing a toolset that allowed customers to securely again up SMS, pictures and movies from their smartphones. That backup know-how has since been built-in into ArmorText’s personal product, and at present, the power for I.T. admins to audit the messages staff ship – whether or not encrypted or commonplace SMS – is now one of many app’s largest attracts.
To what extent ArmorText backs up SMS and different chat periods on an finish consumer’s telephone is usually coverage-pushed, it ought to be famous. In regulated industries the place staff are offered telephones by the enterprise, they could be informed that each one their texts are backed up for compliance functions from their date of rent onward, for instance.
As we speak the ArmorText app has dozens of main enterprise shoppers and extra smaller companies utilizing its service, which is aimed toward regulated markets, together with finance and healthcare, in addition to the general public sector. A few of its clients embrace hospitals, merchants and even police departments. The system can be utilized both as on-premise answer or as a cloud service, and is roughly $10 per system per 30 days.
To combine Uppidy into its core product in addition to to proceed to help new variations of iOS and Android, ArmorText wanted to rent extra engineers – and that’s largely what the funding goes in the direction of at this time, as nicely. The corporate can also be hiring extra gross sales employees to succeed in bigger clients.
ArmorText is establishing workplaces within the Bay Space, along with its D.C. location. Due to D.C.’s proximity to many within the firm’s potential buyer base – public sector, well being care, and finance – the workforce will doubtless stay cut up between the coasts going ahead.
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