Signal

Signal

Privacy-focused messaging platform with encryption

About

Signal provides a messaging platform that prioritizes user privacy through end-to-end encryption. This means that messages and calls made through Signal are secure and can only be accessed by the intended recipients, ensuring that even Signal cannot read users' messages. The platform includes features like voice and video calls, group chats, and encrypted stickers, all available without long-distance charges. What sets Signal apart from its competitors is its nonprofit status, which allows it to operate independently without relying on advertising or user tracking for revenue. Instead, it is funded by grants and donations from users and supporters. The goal of Signal is to offer a secure and private communication service for individuals and groups who value their privacy.

Company Stage

N/A

Employees

51-200

Industries

Consumer Software, Cybersecurity

Total Funding

$48.6M

Headquarters

Indianapolis, Indiana

Founded

2013


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Simplify's Take

What believers are saying

  • Increased adoption of encrypted apps post-'Salt Typhoon' boosts Signal's user base.
  • NIST's post-quantum standards offer Signal a chance to enhance encryption resilience.
  • Signal's removal from China's App Store underscores its strong privacy commitment.

What critics are saying

  • Removal from China's App Store limits Signal's growth in a major market.
  • Competitors adopting post-quantum encryption may pressure Signal to upgrade technology.
  • Signal's initial government funding may raise concerns about its privacy commitments.

What makes Signal unique

  • Signal offers end-to-end encryption by default, ensuring maximum privacy for users.
  • Signal operates as a nonprofit, relying on donations rather than ads for funding.
  • Signal's independence from major tech companies enhances its credibility in privacy protection.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

11%

2 year growth

27%

Benefits

Remote work flexibility

Healthcare, vision, and dental

401(k)

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