VPNSecure (Acquisition)
Funding Details
Awarder
RSS - feeds.arstechnica.com
Date Award
May 1, 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
Founders
BoostNetwork Pty Ltd
Market
Online Privacy and Security
Location
Australia
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.

Links
Website
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