Soverli secures financing of 2.6 million dollars

(CONNECT) Zurich-based cybersecurity start-up Soverli has secured 2.6 million dollars in a financing round. The company, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), intends to use the fresh capital to further expand its architecture for smartphones compatible with the Android and iOS operating systems, according to a statement from Venture Kick. The financing was led by Founderful and involved the ETH Zurich Foundation, Venture Kick and other supporters from the industry, according to an article in startupticker.

Soverli's architecture is an autonomous operating system that can be accessed by smartphones in milliseconds in the event of a failure of Android or iOS functions. The device continues to operate in isolated mode and keeps all essential work processes available. The aim of this solution is to provide a security architecture on commercial devices without the need to implement customized hardware. With the new platform, smartphones working in corporate structures in particular can continue to work securely even in the event of external attacks. The company now intends to use the fresh capital to further expand its development department. ce/ww