15 Mar
In News
Written by 

Messaging App “Secret” Raises Nearly $10 Million In Fresh Capital

 
Secret, the mysterious messaging app, established through an online article the fact they have raised almost $10 million in capital as per reports by the Wall Street Journal. Secret said they had successfully managed to raise $8.6 million via investments comprising of Google Ventures, Initialized Capital, and Kleiner Perkins Caufield Byers.
 
This valuation was not disclosed by the company and it was initially reported by the Wall Street Journal that Secret was on its way in obtaining a valuation of amount of $40 million without including the investment. This puts the total to about $50 million. The online article also goes on to state that the company offers a look into the activity of users. 
 
Despite not disclosing the actual number of people that have signed up, the company says almost 75% of users with greater than 5 friends return each day and 90% of the people participating in a conversation come back within a week. At South by Southwest, the company to lure more users into signing up released the latest version of the Secret app.
 
Users will now be able to conveniently post secret posts to other social media networks as well as messages. Secret users can also look at text messages that have been poster in close proximity to their actual location by making user of the “Nearby” feature. The app that was launched on 30th January is one of the most popularly growing app that aids users in sharing private information.
 
Secret draws contacts from the phone of the user and displays messages that are anonymous from friends as well as the network of friends. David Bythow, the founder of Secret happens to be an ex engineer at Google and Squre and his partner Chrys Bader-Wechseler is an ex product manager at Google.
 
Simona Bostan

Simona is coming from a financial background, finishing her BA in Banking and Finance. She started to get into the Igaming World as a Customer Care Agent with Unibet in 2007.

Always seeking to optimize her work she left Unibet and joined Freespin Casino as an Affiliate Executive where she learned all the tricks of the trade.

With her move to B3W in 2010 she used her accumulated knowledge and designed a custom made Affiliate System for B3W.

She has a vast knowledge in SEO and Optimize Affiliate Marketing for Clients, bring new Affiliates to the Client, negotiate deals, motivate an existing portfolio of Affiliates, optimize and develop their performance to maximize player traffic, networking.

You are here: Home Blog News Messaging App “Secret” Raises Nearly $10 Million In Fresh Capital

Privacy Policy

Newsletter

Subscribe to our Newsletter
Find us on Facebook
Follow Us
Google+