New Vector

New Vector is a london base starutp that provides an open-source, world-class decentralised, secure communication.

New Vector enable governments, businesses and individuals to run their own secure communication infrastructure, while interconnecting via the global Matrix network.

New Vector was founded in 2017 by the creators of Matrix. The company is headquartered in Chiswick, London, with an additional office in Rennes, BrittanyRennes, Brittany, France.

New Vector provide services for custom development, prioritised roadmap development, support contracts and commercial products for Matrix. The Matrix allows users to collaborate securely via interoperable instant messaging and VoIP applications while retaining ownership and control of their data.

The Matrix network has expanded rapidly during 2019 to more than 11 million users and 40k deployments and is being used by the French Government, the US Government, Wikimedia, KDE, RedHat and more.

 

The Matrix protocol supports a global interoperable communications network, enabling users to collaborate securely via end-to-end encrypted messaging applications such as Riot.IM, as an alternative to WhatsApp, Telegram or Slack. Its other products and services include Modular, Custom Development & Consulting, Enterprise Homeservers, Expert Support, Border Gateways, Commercial Bridges, and Ultra-low bandwidth Matrix.

 

New Vector is backed by Notion Capital, Dawn Capital, Firstminute Capital and others. The company raised €7.7M ($8.5M) from a "Series A" financing on Oct 10, 2019. The round brings New Vector's total funding to $13.5M to date.

 

 

  • Year founded: 2017
  • Funding Info: $13.5M over 2 Rounds (Last Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Chiswick
  • State: London
  • Country: United Kingdom
Related businesses