BERLIN & SAN FRANCISCO, 14 April, 2021 Wire, the most secure collaboration platform, today announced it has closed a $21m Series B funding round led by VC firm UVC Partners. This investment comes off the back of Wire’s 3x annual revenue growth in 2020, and a number of significant customer wins across sectors such as energy, financial services and government - including five of the G7 governments.
With cloud-based services in demand, the future should be bright for the cloud. However, growing fears over data privacy and compliance – and technology providers’ failure to quash these concerns – may stunt public cloud’s growth as enterprises consider moving their data on premise.
The recent implementation of privacy labels in Apple’s App Store have ignited a new wave of discussions over privacy concerns with technology applications. Users now have greater visibility into the type of data that is collected, who that data is shared with and how it is used.
In October 2020, we launched our brand new conferencing capabilities, expanding our video limits to 12 and audio limits to 25 participants. We received resoundingly positive feedback on how vital this increased capacity was for collaboration and communication in the COVID era. Since that initial launch, we have received tons of valuable feedback from our customers about the conferencing experience.
