Privoro Raises $30M in Series B Funding | Privoro 30m Series
Privoro, a prominent mobile security hardware company based in Chandler, AZ, has successfully raised $30 million in Series B funding, marking a significant milestone in its mission to fortify smartphone security. Tracker Capital Management led the funding round, with Louis Bremer and Daniel Goldin, distinguished figures in the investment and NASA realms, joining Privoro’s Board of Directors.
Strategic Leadership: Tracker Capital Management Takes the Helm
The Series B funding round, led by Tracker Capital Management, underscores the industry’s confidence in Privoro’s innovative approach to mobile security. With Louis Bremer, Senior Managing Director of Tracker Capital, and Daniel Goldin, the longest-tenured NASA Administrator, now part of Privoro’s Board of Directors, the company gains valuable strategic insights to navigate the dynamic landscape of cybersecurity.
Scaling for the Future: Privoro’s Ambitious Expansion Plans
Under the guidance of Founder and CEO Mike Fong, Privoro is set to utilize the $30 million funding infusion to scale its team, products, and operations. The strategic expansion aims to meet the surging demand for Privoro’s cutting-edge security solutions, ensuring that organizations and smartphone users have access to state-of-the-art protection against evolving cyber threats.
Elevating Security Posture: Privoro’s Innovative Technologies
Privoro empowers smartphone users to elevate their security posture with groundbreaking technologies designed to limit data access for potential hackers and spies. At the forefront of Privoro’s offerings is the SafeCase™, a smartphone-coupled security device specifically engineered to actively defend against the threat of audio and video surveillance posed by spyware. This device serves as a formidable defense against discreet attempts to hijack cameras and microphones for extracting sensitive information.
Comprehensive Protection: Privoro’s Product Portfolio
In addition to the SafeCase™, Privoro introduces Vault™, a versatile two-in-one solution. Vault™ combines a portable Faraday enclosure with an audio masking chamber, providing users with comprehensive protection against wireless attacks, location tracking, and audio/video surveillance. Privoro’s commitment to holistic security solutions positions the company as a leader in mitigating the multifaceted risks associated with modern mobile devices.
In conclusion, Privoro’s successful Series B funding not only strengthens its financial standing but also reaffirms its position as an industry pioneer in mobile security hardware. With Tracker Capital Management at the helm and strategic visionaries like Louis Bremer and Daniel Goldin on board, Privoro is poised to redefine the landscape of mobile cybersecurity, offering cutting-edge solutions to safeguard users and organizations alike.