Barclays Backs Cybersecurity Startup SafeHouse Technologies

Tel Aviv-based cybersecurity startup SafeHouse Technologies Ltd. has raised NIS 10 million (approximately $2.84 million), the company announced Tuesday. The round was led by Barclays PLC, the U.K.'s second-largest bank, and Colorado-based seed accelerator Techstars.

Founded in 2016, SafeHouse develops a cloud-based cybersecurity service that encrypts internet activity. The company has offices in Tel Aviv, London, and Gurgaon, India.