• Berlin-based company builder provides a mid six-figure amount as seed investment
• Operational commitment of Project A experts
Berlin, October 21st, 2013. Company builder Project A Ventures invests in ZenGuard, a Berlin-based start-up focusing on internet security. ZenGuard developed the browser plugin ZenMate that protects user’s privacy while surfing on the Internet. Installed by one click, it encrypts out- and incoming browser traffic.
ZenGuard is part of the first cycle of the Axel Springer Plug&Play Accelerator which supports founders in developing and implementing digital business models.
The Project A investment is a mid six-figure amount and conduces particularly to technical development, development of new features and further building of ZenGuard teams.
Additionally to funding, Project A gets involved with operational expertise. Project A’s experts will give advices to ZenGuard team in all fields relevant for success, such as performance marketing and IT.
Furthermore, a round of renowned Business Angels, among them David Khalil, Philipp Kreibohm and Robert Maier, have announced their investment in ZenGuard for the current financing round.
„We are very glad having won Project A as a partner. This seed financing will help us developing our technology and our business model. Besides financial support, we are convinced that we can also benefit from the know-how and the experiences of Project A’s experts. We are sure that together we can make ZenGuard even more successful”, said Simon Specka, co-founder and managing director of ZenGuard.
“Internet security is becoming an increasingly important topic. ZenGuard managed to develop a leading technical solution in a very short time, which is already well established in the market”, said Project A co-founder and managing director Uwe Horstmann. “We are happy, that with our investment in ZenGuard we have again the chance to invest in an excellent team with an exciting business model and to support them on their further road to success.”
ZenGuard is a Berlin-based start-up dedicated to improve Internet security by its software solutions. Its first product is the one-click browser solution ZenMate that protects user’s privay while surfing on the Internet. Installed by one click to the selected browsers, it encrypts the out- and incoming browser traffic. ZenGuard was founded in Manchester in 2013 by the managing directors Simon Specka and Markus Hänel and has been part for the first cycle of Axel Springer Plug&Play Accelerator. More about ZenGuard: https://zenmate.io/.