Online Privacy Device Company Raises Growth Capital From Investors Led By New Stack Ventures
CHICAGO (PRWEB) July 17, 2018 — Winston Privacy, a developer of technology to provide consumers with comprehensive online privacy and data protection for devices both in and out of the home, has secured seed financing from New Stack Ventures, with participation from Founder Equity, M25 and Connetic Ventures.
Terms of the investment were not disclosed. The company will use the funding to support marketing and production in advance of its formal launch in Q4 of 2018.
Winston is a device that sits in line with a home router, providing comprehensive online privacy and protection from spying and identity theft through one easy-to-install product. One Winston device in the home can protect all connected devices, including computers, tablets, phones and smart devices, while increasing browser speed.
The product is scheduled to be available for purchase in late 2018.
“Data privacy and protection is quickly emerging as the defining topic of our connected lives today,” says Nick Moran, General Partner, New Stack Ventures. “Winston Privacy has developed a truly revolutionary way for consumers to simply and effectively protect themselves while providing benefits such as improved browsing speed. We are delighted to serve along with our fellow investors as partners in bringing this product to market.”
“New Stack Ventures has an outstanding track record of providing not only the growth capital needed, but advice that is critical to the long term success of seed stage hardware startups,” says Richard Stokes, founder of Winston Privacy. “We are extremely grateful to have them as a partner as we approach our formal launch.”
For more information on Winston Privacy, please visit www.winstonprivacy.com
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