ZenMate Launches a Crowdfunding Campaign on CrowdCube
Wednesday, June 13, 2018
BERLIN, June 13, 2018 /PRNewswire/ --
- Cross reference: Picture is available at AP Images (http://www.apimages.com) -
ZenMate (https://www.zenmate.com [https://zenmate.com ]), the leading VPN service
provider owned by the internet security and privacy company ZenGuard GmbH, launched an
official crowdfunding campaign on Crowdcube (https://www.crowdcube.com/zenmate). This
is a unique opportunity to contribute to the future of online security and become part of
the success story of ZenMate, which has already been backed by the world's leading venture
capitalists such as Bessemer Venture Partners, Holtzbrinck Ventures, Deutsche Telekom's
T-Venture, and Project A. The crowdfunding campaign will be live for 30 days and our goal
is to raise GBP660,000 in capital.
ZenMate provides an array of multi-platform online security products and services that
ensure the users' anonymity and protection while connected to the internet. Simple yet
powerful solutions like ZenMate VPN, SafeSearch, and Web Firewall help people around the
globe gain access to a free and unrestricted internet.
The aim of the crowdfunding campaign is to accelerate growth by focusing on the
expansion of the product portfolio, maximising global presence by entering new markets via
local distribution channels and last but not least, continuing to fight the good fight.
ZenMate has always stood for an open, accessible internet for everyone and will continue
to do so.
"We have decided to partner with Crowdcube to launch a crowdfunding campaign and allow
all of our users a unique opportunity to contribute to the future of ZenMate. From the
very beginning, ZenMate built its success thanks to its users. By joining ZenMate and some
of the world's most respectable investors, every user and customer of ZenMate will be able
to participate in ZenMate's mission to make the internet a safer place for everyone" says
Andrei Mochola, ZenMate's new CEO.
In 2018, ZenMate has reached more than 40 million installs in over 160 countries. With
a compound annual growth rate of 655% and a YoY sales growth of 29% in 2017, the company
is aiming to transition into a fully comprehensive security provider by offering
"privacy-as-a-service" in the near future. ZenMate is operating in a rapidly growing
market. It is forecasted that by 2022, the VPN industry will reach the value of $35.73
billion and more than $6 trillion will be spent worldwide on cybersecurity measures and
damages by 2021.
To accelerate and ensure long-term growth of the company, two new and highly
experienced members have recently joined the ZenMate management team - Andrei Mochola,
Ph.D. and Jorn Stampehl. Together they bring management experience from companies such as
Kaspersky Labs, AVG, Payleven, and Creative.
"With our VPN service we have already proven that we can fully cover one aspect of
online security and privacy. We want to use this experience to give all of our users
simple and efficient security solutions that they can use to protect themselves while
connecting to the web" adds Jorn Stampehl, the new CTO of ZenMate.
For more information visit ZenMate on Crowdcube (https://www.crowdcube.com/zenmate)
or at ZenMate.com (https://pages.zenmate.com/invest)
*All data regarding forecasts and estimates was obtained courtesy of Statista and
About ZenGuard GmbH and ZenMate
Founded in 2013 in Berlin, ZenGuard GmbH (https://www.zenmate.com [http://zenmate.com ]
) provides a multi-platform security software that encrypts and secures user's internet
connection and protects their privacy while browsing. With its ZenMate VPN flagship
privacy service, ZenGuard prevents snoopers, hackers, governments, and ISPs from spying on
user's web browsing activities, downloads, credit card information, and more. With over 30
global server locations and more than 40 million installs, ZenMate is one of the world's
As the world's first and largest investment crowdfunding platform, Crowdcube enables
entrepreneurs to raise finance with the added benefit of being backed by the crowd. For
investors, Crowdcube provides a way to hand pick a stake in an innovative business that
traditionally would have been restricted to corporate investors.
Since Crowdcube was founded in 2011, it has helped over 600 companies successfully
raise funds, with a total of GBP390 million having been invested on the platform to date
by a crowd of over 500,000 registered Crowdcube investors.
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SOURCE ZenMate/ZenGuard GmbH
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