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WhatsApp co-founder Brian Acton invests $50 million into encrypted messaging app Signal

Acton is also joining the Signal Foundation as its executive chairman.

  • Published: February 23, 2018 4:21 PM IST
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Brian Acton, the co-founder of WhatsApp, is investing $50 million in Signal!

Earlier this week, the creators of Signal, Moxie Marlinspike, announced the launch of Signal Foundation, which will build and maintain Signal and potentially other privacy-focused apps to come. WhatsApp co-founder Brian Acton, who left WhatsApp and parent company Facebook in September 2017, is now contributing a fair-sized chunk of his WhatsApp billions to the foundation by personally injecting $50 million into the project.

Not only is he investing all that fortune, he is also joining the foundation as an executive chairman, which his first new role since leaving WhatsApp.

“Our plan is to pioneer a new model of technology nonprofit focused on privacy and data protection for everyone, everywhere,” Acton wrote in a blog post.”Moxie and his team have built something very special in Signal Messenger and I am thrilled to join their effort to provide the most trusted communications experience on the planet.”

Signal has become the security community’s gold standard for surveillance-resistant communications. The company also further provides a solution for other companies to build secure communications into their apps.Inspiring from its system, messengers like WhatsApp, Facebook Messenger and Telegram have followed. The app uses end-to-end encryption, meaning only the sender and recipient can read the messages. It prevents third parties from intercepting your texts.

  • Published Date: February 23, 2018 4:21 PM IST