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Israel-based investment firm AltaIR Capital, in which Russian-Israeli billionaire Roman Abramovich is a key investor, invested in SafeHouse Technologies. SafeHouse Technologies was launched in 2016 with a vision of providing military-grade cybersecurity to smartphone owners.
With its products, SafeHouse Technologies has taken a unique approach to democratize cybersecurity for the everyday consumer. SafeHouse recently witnessed an unmatched success for its flagship product BodyGuard. A one-button app that encrypts and secures mobile phones, BodyGuard was designed to deliver proactive mobile security to end-users. BodyGuard provides military-grade security against a wide range of cyber threats such as phishing, malware, ransomware, and malicious links. The owner of Chelsea F.C a Premier League football club, Roman Abramovich is known to back companies through Altair VC.
On Altair VC investing in SafeHouse, Aditya Narang, Co-founder & Managing Director, SafeHouse Technologies said, “The endeavor is to protect digital devices and users from an increasingly evolving cyber threat landscape. Yet another funding confirms the robust technology & innovative business model of SafeHouse”.
SafeHouse is a future-focused new-age security company driven by its mission, “to democratize cybersecurity”. The launch of its operations in India comes close on the heels of the historic Indo-Israel collaboration on national security and defense. As global security mechanisms become increasingly vulnerable to cyber-attacks, the intervention of such enterprises to invest in the next frontier of cyber defense and incorporate military-grade methodologies is the need of the hour.