Fundz

Privoro Raises $30M In Series B Funding To Meet Demand For Hardware-Backed Mobile Security

PRIVATEDec 22, 2021

Amount Raised

$30 Million

Round Type

Series B

ChandlerHardwareSoftwareConsumer Goods

Description

Privoro, a next-gen mobile security hardware company, today announced a $30 million Series B funding led by an affiliate of Tracker Capital Management, LLC ("Tracker Capital"). The round will be used to help the company continue to scale its team, products, and operations to meet demand for its unique hardware-backed mobile device protections.

Quick answer

Privoro raised $30 Million in a Series B round, dated December 22, 2021. Privoro is based in Chandler, Arizona, United States.

How much did Privoro raise?
Privoro raised $30 Million in a Series B round on December 22, 2021.
What does Privoro do?
Privoro is a technology company that enables smartphone users to elevate their security posture by limiting the data available to hackers and spies.
Where is Privoro based and how big is it?
Privoro is based in Chandler, Arizona, United States.

Source: Fundz verified event record.

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Company Information

Company

Privoro

Location

Chandler, Arizona, United States

About

Privoro is a technology company that enables smartphone users to elevate their security posture by limiting the data available to hackers and spies. Working off the understanding that commercial smartphones can be compromised, Privoro designs and builds first-of-their-kind capabilities that work alongside the phone to provide independent, hardware-backed security. For more information visit, privoro.com

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Privoro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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