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

startup rundown

Startup Rundown: Citymapper App Wins Big MTA Prize and Jackthreads and RebelMouse Apps Are Now On Android

Jolly good show, old sport!  (Photo: Citymapper)

Citymapper crosses the Atlantic Yesterday AT&T and the MTA announced London-based Citymapper as the winners of this year’s App Quest competition, awarding them the grand prize of $20,000 and an extra $2000 for being the “Wish List App.” Citymapper integrates real-time tracking data across all of New York City’s various transportation methods, including subways, busses, and Citibikes. It also tells users how many calories they’ll burn on their trip, so they can decide whether or not to grab a slice on the way. Read More