Wiper announced today that it has raised another $2 million, bringing its total seed round to $4.5 million as the messaging app expands into entertainment. The company has also launched a $4.99 monthly streaming service for independent films, along with an Apple TV app.
The latest infusion of capital comes from the company’s existing investor Michael Choupak, a serial Internet entrepreneur who founded cloud-based business email provider Intermedia. He provided the first half of Wiper’s seed round in 2014, putting in $2.5 million.
Created as a way to let you not only communicate, but also consume entertainment and transfer money using Bitcoin, Wiper seeks to differentiate itself from better-known messaging services like Facebook Messenger andWhatsApp. In this age of government spying and privacy concerns, Wiper utilizes encryption technology to let you communicate with additional assurances of privacy.
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