ProtonMail takes $2M scaling encrypted email service

Switzerland-based encrypted email provider ProtonMail has taken its first piece of VC funding, a $2 million round from Charles Rivers Ventures and Swiss not-for profit incubator FONGIT.

This bulks up the $550,000 it garnered last year from around 10,000 backers of the crowdfunding campaign.

ProtonMail will be using the new funds to scale its infrastructure to meet demand, as well as develop new features for the product. The company is also moving into new office space in Geneva, and expanding its Switzerland data centers.

Source: TechCrunch


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