Symphony, a messaging app backed by Wall St, gets $63M at a $1B+ valuation

 Symphony, a secure messaging app that counts 15 of the world’s biggest banks among its investors and 200,000 paying customers, has raised a new tranche of funding to fuel its expansion into new markets. Symphony has closed in on $63 million; and according to sources close to the company, the startup is now valued at over $1 billion — confirming our reporting from December. Read More


Symphony, the messaging app backed by Wall St, is raising at a $1B+ valuation

Photo: Getty Images/Nerida McMurray Photography/DigitalVision Symphony, a secure messaging service backed and used by 14 of the biggest banks on Wall Street, is raising up to $200 million in a new round of funding with a pre-money valuation over $1 billion, TechCrunch has learned. The funding will come from existing investors, along with a new backer, the government of Singapore via its investment arm (which includes Temasek and GIC). Symphony has… Read More


Symphony Secures $100M From Google And Other Investors

Secure communication diagram. Social network with shield in the middle. Symphony, the secure cloud-based communications platform, announced today that it has received a $100 million round from a list of investors that includes Google, Inc. Google’s part in the investment was first reported last week by the Wall Street Journal, but the search giant was also joined by Lakestar, Natixis, Societe Generale, UBS and existing investor Merus Capital.… Read More


Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

Two men sitting in front of bank of monitors with stock prices. The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a… Read More

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