Proton (Transition to nonprofit foundation)
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.
Founders
Andy Yen, Jason Stockman, Dingchao Lu
Market
Technology
Location
Switzerland
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.

Links
Website
Back to HomeBack to Privacy-focused apps DealsView Funding Announcement