Funding Details
- Awarder
- RSS - feeds.arstechnica.com
- Date Award
- May 01, 2023
- Vertical
- VPN Services
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2015
- Traction
- VPNSecure was generating about $6,000/month in recurring revenue with $4,000/month in hosting costs before the cancellation of lifetime subscriptions.
- Revenue Amount
-
$6,000
- ARR
-
$72,000
- Founders
- BoostNetwork Pty Ltd
- Company Description
- VPNSecure is a VPN service provider that offers online privacy and security solutions. The company was acquired by InfiniteQuant Ltd in 2023, which later faced challenges due to the inherited lifetime subscriptions that were unsustainable for the business model.
- Market
- Online Privacy and Security
- Location
-
Australia
Links