V-Key Raises US$4 Million in Series A Funding

Singapore-based mobile security and intelligence startup, V-Key, has raised US$4 million from IPV Capital in its series A round. The funds will be used for product development.

V-Key produces a range of products including V-Track (threat management), V-guard (mobile app protection layer), and V!Va (secured mobile-to-mobile communication). The team looks solid with Eddie Chua, Benjamin Mah, and Joseph Gan as founders.

Benjamin Mah, CEO and co-founder of V-Key, said in a statement:

Traditional methods of managing mobile device security policies via trusting the native mobile operating system offers a basic level start. However, the world needs an advanced security protection and mobile threat analytics to address advanced persistence threats in the mobile apps landscape.

This week, at least here in Asia, everything has been about mobile, mobile, and more mobile.