Confide has raised $1.9 million in seed funding

Screen Shot 2014-02-04 at 9.27.17 AM
Confide is an off-the-record messaging app that was created for professionals. Confide has raised $1.9 million in seed funding led by WGI Group with participation from Google Ventures, First Round Capital, SV Angel, Lerer Ventures, CrunchFund, Lakestar, Marker, BoxGroup, Jeremy Stoppelman, Doug Ellin, and Billy Bush. WGI partner Michael Walrath is joining the Confide board of directors.

Confide launched last month and was designed to make it almost impossible for users to capture and share confidential information. The text is hidden from view behind orange boxes until it is wanded over with just one or two words at a time. If you try to take a screenshot, the app kicks you out and notifies the sender that you tried to take a screenshot of the text. The app also has end-to-end encryption and data from the messages are not stored on any servers.

The company was founded by former AOL execs Howard Lerman and Jon Brod. Brod is known for being a co-founder of local news website Patch. Confide will likely hire around 5-10 employees in the next few months.
Screen Shot 2014-02-04 at 9.27.10 AM
[Source: TechCrunch]

Confide has raised $1.9 million in seed funding Comments

Leave a Comment