NASHUA, N.H., July 11, 2013 /PRNewswire/ — Software start-up SnoopWall announced today that the company has secured a round of funding from the Angel Breakfast Club, one of the oldest investment groups in the country. SnoopWall recently developed an antispyware program that blocks remote eavesdropping. The unique patent-pending technology will be available on laptops, smartphones, and tablets.
“We’re pleased to achieve our first major milestone in the company—acquiring the funds and strategic support needed for SnoopWall to launch,” said Gary Miliefsky, President and Founder of SnoopWall. “It’s an honor to be funded by this prestigious and well recognized angel investment group.”
The Angel Breakfast Club was started in 1976 by the late Mort Goulder. Over the past 30 years, the group has invested in more than 100 companies. The average return-on-investment rate is 29%, a near record for the industry.
Allan Cowen, a leading angel investor and advisor to the company said, “SnoopWall represents another investment opportunity that clearly positions a patent-pending technology that addresses today’s media narrative on mobile security and personal privacy protection. Backing the SnoopWall project early on came with no hesitation given the market need, and perhaps more importantly, knowing the members of the team and those that have advisory roles.”
SnoopWall is offering a free trial version of their program for Android until August 1. Visithttp://www.snoopwall.com/free-version to sign-up for a copy.
SnoopWall is the world’s first counterveillance software company focused on helping consumers and enterprises protect their privacy on all of their computing devices including smartphones, tablets, and laptops.