Sirin Labs Raises $72 Million To Build The Most Advanced And Secure Smartphone

Posted: Apr 25 2016, 4:25am CDT | by , in News | Technology News

Sirin Labs Raises $72 Million to Build The Most Advanced and Secure Smartphone
Sirin Labs

An Israeli startup announced today to build a new kind of mobile device.

Sirin Labs AG announced today to create the most advanced mobile device that combined the highest privacy settings, operated faster than any other phone and was built with the best materials from around the world. That is a bold claim. Basically the company plans to beat established mobile device makers Samsung and Apple from scratch.

Usually such claims are quickly dismissed, but Sirin Labs is backed by a whopping $72 million in funding. Sirin Labs' founders and investors are Kazakh businessman Kenges Rakishev, Israeli venture capitalist Moshe Hogeg and his Singulariteam vehicle and former McKinsey consultant Tal Cohen, with additional investment from Chinese company RenRen.

Tal Cohen, CEO of Sirin Labs says: "Unlike mainstream technology companies where price is paramount, Sirin Labs doesn’t need to wait a couple of years before bringing the most advanced technology to its customers. We can offer them tomorrow’s technology, today. Cost doesn’t influence our decision making; optimal functionality and quality do."

The development of the Sirin Labs smartphone is led by Fredrik Oijer, fomer product director of Sony Mobile. The company keeps details about their first product under wraps. The launch of the first Sirin Labs smartphones named Solarin is though already next month. The Solarin smartphone focus will be on security and it is going to be expensive.

Secure communication has become a hot button topic since the revelations of Edward Snowden. Politicians and business tycoons will be interested in a highly secure smartphone.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]




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