Tech start-up snares $4.1 mln in Silicon Valley capital raising

Fri, 21 Jun 2019

By Pattrick Smellie June 21 (BusinessDesk) - An Auckland-based tech start-up owned by two Russian emigre ICT engineers has raised $4.1 million in seed funding to pursue rapid revenue growth for Termius, an encrypted product that allows users to synchronise data across multiple devices. Registered at the New Zealand Companies Office in May last year, the company's software-building grunt remains based in Russia, where it employs some 25 staff. Strategy, sales and marketing occur in Auckland, where co-founders and fellow graduates from inst...

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