The article discusses the messaging app Wire’s recent Series C funding round of $21 million. The company plans to use the funds to further develop its end-to-end encrypted communication platform, which is based on the Matrix protocol. Wire’s CEO, Janus Friis, aims to use the technology to disrupt the dominance of proprietary communication solutions and create a more secure and private alternative.
Key points from the article:
- Wire raises $21 million in Series C funding round
- The company plans to use the funds to develop its end-to-end encrypted communication platform based on the Matrix protocol
- CEO Janus Friis aims to disrupt the dominance of proprietary communication solutions and create a more secure and private alternative
- The need for secure communications is constantly growing, according to Friis
- Wire’s technology has been independently audited and its code is open source, making it trusted by organizations
