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.
With the rise of remote work we are communicating online in more ways than ever, which is why ease of use and security have taken a front seat as many organizations grapple with maintaining productivity while protecting their data. The recognition comes as another accolade following the launch of our next-generation conferencing capability to scale and give customers better control of their data while supporting their workers' communication needs.
Popular enterprise collaboration platforms help get the work done, but can their data collection policy result in a breach? Here, Wire’s Chief Revenue Officer Rasmus Holst provides a detailed overview of enterprise collaboration applications and the potential risks, along with ways to maintain security and privacy for organizational communication.
We are thrilled to announce that Wire is recognized as one of the top file-sharing softwares of 2021 alongside Box, Dropbox, Slack, and WeTransfer. Researchers at Digital.com conducted a 40-hour assessment of over 60 softwares, looking at solutions that deliver added security through AES 256-bit encryption, which prevents data thieves from stealing valuable files, as well as being user-friendly and seamlessly integrating with frequently used apps and tools.
Wire has introduced a new App-lock feature for Wire Pro customers. Team owners can now enable a mandatory App-lock for the entire team. Once enabled, members of the team will be required to authenticate themselves using a passcode or biometrics (depending on the user's choice when configuring) every time they open their Wire app. Owners can also customize the duration after which an unlocked app will be locked again.
With WhatsApps’s latest move to monetize data, personal users and businesses alike have become much more aware of the privacy element of the applications they use. Other major tech players and industry figures have even jumped on the news coverage to further highlight the issue. Apple has arguably taken on the role of privacy watchdog and has made bold statements about how damaging data harvesting is to the world.
Throughout the pandemic, the collaboration tools market experienced a major boom with the rise of remote work. However, the recent acquisition of Slack by Salesforce has reinforced the growing separation between workplace tool suites and specialized collaboration tools. Suites have become “one-stop-shop” solutions that can fill multiple functions for companies and employees, which brings into question, what value is there for niche solutions?
