The secure messaging platform, backed by Google and a host of banks, is seeking between $125m and $200m at a pre-money valuation in excess of $1bn.
Symphony, the US-based secure messaging service backed by internet technology provider Google and several banks, is raising up to $200m at a pre-money valuation above $1bn, TechCrunch reported yesterday.
The Singaporean government, which oversees investment funds Temasek and GIC, is set to take part in the round as a new investor, alongside Symphony’s existing backers.
General Atlantic could also invest in the round, which is expected to be sized at between $125m and $200m, according to the Wall Street Journal.
…
