USA – Privoro, a Chandler, AZ-based mobile security hardware company, raised £40M in Series B funding.
The round was led by Tracker Capital Management. As part of the transaction, Louis Bremer, Senior Managing Director of Tracker Capital, and Daniel Goldin, Senior Advisor to Tracker Capital and the longest tenured National Aeronautics and Space Administration (“NASA”) Administrator, have joined Privoro’s Board of Directors.The company intends to use the funds to scale its team, products, and operations to meet demand for its products. Led by Mike Fong, founder and CEO, Privoro provides technology that enables smartphone users to elevate their security posture by limiting the data available to hackers and spies. The SafeCase™ is a smartphone-coupled security device which helps organizations actively defend against the threat of audio and video surveillance posed by spyware, which can discreetly hijack cameras and microphones to extract sensitive information. Privoro also offers Vault™, a two-in-one portable Faraday enclosure and audio masking chamber for smartphones that enables users to protect themselves from wireless attacks, location tracking, and audio/video surveillance.23/12/2021
