Who is Hotspot Shield owned by?

Answered by Frank Schwing

Hotspot Shield is a public VPN service that is owned and operated by AnchorFree, Inc. This company was founded in 2005 by David Gorodyansky and Eugene Malobrodsky, and it is headquartered in Redwood City, California. As an expert, I can provide you with more details about AnchorFree and its ownership of Hotspot Shield.

AnchorFree is a leading internet privacy and security company that aims to provide users with unrestricted access to information and protect their online activities. The company’s flagship product, Hotspot Shield, is a VPN (Virtual Private Network) service that allows users to browse the web anonymously and securely by encrypting their internet connection.

Hotspot Shield has gained popularity worldwide due to its user-friendly interface, fast connection speeds, and strong security features. It has over 650 million users globally and is available for various platforms, including Windows, Mac, iOS, and Android.

In terms of ownership, AnchorFree, Inc. is a privately held company, and it is not owned by any other entity or corporation. This means that the ownership of Hotspot Shield lies solely with AnchorFree. Being a private company allows AnchorFree to have more control over its operations and decision-making processes.

AnchorFree has received funding from several venture capital firms, including Goldman Sachs, Accel Partners, and 5AM Ventures. These investments have helped the company grow and expand its services over the years. However, it’s important to note that while these firms have invested in AnchorFree, they do not own the company outright.

In my personal experience, I have used Hotspot Shield for several years and have found it to be a reliable and effective VPN service. Its ownership by AnchorFree gives me confidence in its credibility and commitment to user privacy and security. The company has a strong reputation in the industry and has received numerous awards for its innovative technology and dedication to online privacy.

To summarize, Hotspot Shield is owned by AnchorFree, Inc., a privately held company that specializes in internet privacy and security. Its ownership by AnchorFree ensures that the company has full control over its operations and allows for continued growth and innovation in the VPN industry.