Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, has completed the first phase of a non-brokered private placement, raising CA$105,000 to support its expansion into the U.S. market. The company issued 3 million units at CA$0.035 each, with each unit comprising one common share and a full warrant exercisable at CA$0.05 for 24 months.
The strategic funding will enable Sekur to intensify its marketing efforts for its privacy communications solutions and bolster its general working capital. By focusing on the U.S. market, the company aims to increase visibility and adoption of its encrypted communication tools among consumers, businesses, and government entities.
Sekur's suite of secure communication technologies includes encrypted email services, secure messengers, and comprehensive data management solutions. The company's Swiss-hosted platform distinguishes itself by offering robust privacy protections in an increasingly complex digital landscape where data security is paramount.
The private placement represents a significant step for Sekur in its mission to provide advanced cybersecurity solutions. By leveraging Swiss-based hosting and encryption technologies, the company positions itself as a credible alternative to mainstream communication platforms that may have less stringent privacy protocols.
The successful funding round signals investor confidence in Sekur's approach to secure communications. With no finders' fees associated with this tranche, the company demonstrates financial prudence while pursuing strategic growth objectives.
As cyber threats continue to evolve and data privacy concerns mount, Sekur's focused expansion could provide businesses and individuals with enhanced communication security options. The company's ability to distribute its products through its website, approved distributors, and telecommunications companies worldwide offers a versatile approach to market penetration.
