Freshly Minted

Freshly Minted: Mysterious Encryption Startup Wickr Nabs $30B and Jim Breyer Endorsement

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Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.

This week’s deal: Secure messaging app Wickr closed a $30 million Series B to build a social network with NSA-level encryption.

If the naysayers are to believed, privacy is dead, and no one cares whether or not Facebook, Twitter and Google are collecting our personal data and selling it to marketers. Wickr, on the other hand, is an app for people who haven’t given up the fight to keep their correspondence private. And it’s growing rapidly. Read More