Funding Details
- Awarder
- RSS - techcrunch.com
- Date Award
- June 17, 2024
- Vertical
- Privacy-focused apps
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2014
- Traction
- Proton has a strong foundation in privacy-focused products, including ProtonMail, and aims to continue its mission with the support of the Proton Foundation.
- Organizations Involved
- None
- Founders
- Andy Yen, Jason Stockman, Dingchao Lu
- Company Description
- Proton, the Swiss company behind a suite of privacy-focused apps such as ProtonMail, has transitioned to a new nonprofit foundation model. The newly established Proton Foundation serves as the main shareholder to the existing corporate entity, Proton AG, which continues as a for-profit company under the Foundation. Proton aims to be self-sustainable without relying on donations, grants, or commercial tie-ups with corporations.
- Market
- Technology
- Location
-
Switzerland
- Coinvestors
- None
Links