IT-focused vehicle Notion Capital has led an undisclosed investment into mobile voice solutions provider Cellcrypt, alongside existing investors.
Cellcrypt provides end-to-end, real-time encryption to protect conversations from being compromised without the need for specialised equipment or expensive new infrastructure. Their product, available for Windows Mobile and Nokia phones, is now supporting Blackberries too.
Notion Capital, the investment firm set up by founders and senior executives from successful internet security company MessageLabs which was sold to Symantec in 2008 for $695M, took part in the round alongside former investors. The additional funding will be used to further expand Cellcrypt’s international presence, following the recent opening of its US office.
“We are really excited to invest in Cellcrypt, as a company with ground-breaking technology and a compelling proposition in a currently under-served market” said Stephen Chandler, partner at Notion Capital. “Traditionally, high security voice calling has only been available using specialised military-specification equipment, but Cellcrypt now makes this easily accessible to all with no impact on service performance.”
Stephen Chandler, a founding partner at Notion Capital and former President, EMEA and CFO at MessageLabs, will join the Cellcrypt Board.
Chandler continued, “Cellcrypt is ahead of the market in delivering unmatched voice call quality, international calling capability and high reliability across wireless networks, using standard devices and infrastructure. We believe that Cellcrypt is well placed to lead this fast growing market and that we have highly relevant skills and experience across the Notion team to help them to execute successfully.”
“Most governments and corporates now secure their email – voice is the last unsecured data service,” said Simon Bransfield-Garth, CEO at Cellcrypt. “Cellcrypt has demonstrated product leadership and this funding supports the company’s growth internationally from the Americas, across Europe to the Middle East and Asia. I am delighted to welcome Stephen to the Board of Cellcrypt and look forward to working closely with him and the other industry experts at Notion Capital to benefit from their unique combination of knowledge and experience in this sector.”
