NordVPN is a cybersecurity company that provides secure, anonymous internet connectivity through its advanced VPN services. The company has raised $100M in funding from investors including Novator Partners and Matt Mullenweg, and is currently valued at $1.6B. NordVPN protects users’ online activity with double-VPN encryption, support for multiple protocols, no-log policies, and features such as an automatic kill switch and DNS leak prevention. Its solutions secure all applications on desktops, mobile devices, tablets, and smart TVs, catering to both individual users and businesses.
What Is NordVPN and What Does It Do?
NordVPN, founded in 2012 by Eimantas Sabaliauskas, Tom Okman, and Jonas Karklys, is headquartered in New York City, United States. With a workforce of 51–200 employees, NordVPN specializes in providing encryption-based VPN solutions for secure and anonymous internet activity.
The platform offers SSL-based 2048-bit encryption, servers in 46 countries, support for OpenVPN, PPTP, L2TP, and IPSec protocols, double data encryption, an automatic kill switch, a DNS leak resolver, and P2P throttling prevention. NordVPN’s double VPN functionality ensures that user data is encrypted twice, flowing through two nodes before reaching the internet. This works at the TCP/IP level, securing all applications and devices, including web browsers, mobile phones, tablets, and smart TVs.
How Much Funding Has NordVPN Raised?
1. Series C
- Amount Raised: $100M
- Date: April 2022
- Lead Investors: Novator Partners, Burda Principal Investments, General Catalyst, Ilkka Paananen, Miki Kuusi, Matt Mullenweg
- Motivation: To expand global infrastructure, enhance security features, and scale operations.
Total Funding Raised: $100 Million
Current Valuation: $1.6 Billion (as of April 2022)
Latest Funding Date: April 2022
Key Investors
1. Novator Partners
- Details: Venture capital firm focused on technology investments.
- Investment Focus Areas: Technology, internet services, cybersecurity.
- Notable Investments: Klarna, Bolt, Pipedrive.
2. Matt Mullenweg
- Details: Co-founder of WordPress and technology investor.
- Investment Focus Areas: Open-source software, tech startups.
- Notable Investments: WordPress-related ventures, startups in software and security.
3. Burda Principal Investments
- Details: Corporate investment arm of Hubert Burda Media.
- Investment Focus Areas: Digital media, technology, internet services.
- Notable Investments: Not publicly disclosed.
4 General Catalyst
- Details: Leading venture capital firm investing in early and growth-stage tech companies.
- Investment Focus Areas: Software, internet, cybersecurity, enterprise tech.
- Notable Investments: Airbnb, Snap, Stripe.
Where Is NordVPN’s Headquarters?
NordVPN is headquartered in New York City, providing access to a leading global tech ecosystem, cybersecurity talent, and strong connections to enterprise clients and investors.
What’s Next for NordVPN?
NordVPN aims to expand its global server network, enhance privacy and security features, and scale its operations to meet the growing demand for secure digital experiences. With its recent Series C funding, the company is positioned to innovate in VPN technology, explore enterprise cybersecurity solutions, and continue strengthening its leadership in the online privacy market.
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