# ZenGuard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zenguard

- Industry: IT Security/Cybersecurity
- Headquarters: Berlin, Germany
- Website: www.zenmate.com
- Total disclosed funding: $3.2M
- Latest round: Series B (Jan 27, 2016)
- Investors on record: 5

## About

ZenGuard GmbH offers advanced VPN services that enhance internet privacy and security, catering to users seeking safe browsing experiences across multiple devices and platforms.ZenGuard GmbH, founded in 2013, is based in Berlin, Germany, and specializes in providing virtual private network services. The company was acquired by Kape Technologies plc in October 2018. The founder, Markus Hänel, has a history of innovation in technology-driven businesses. ZenGuard has successfully completed 5 deals with its latest funding round being a Series A amounting to USD 3.20 mn, led by HV Capital and supported by DTCP Growth, Project A, and Shortcut Ventures. The total amount raised by the company stands at USD 3.20 mn, with a current valuation of USD 12.18 mn.ZenMate VPN specializes in delivering virtual private network services designed to improve internet security and privacy for users across various devices. The company offers a user-friendly VPN application that utilizes military-grade encryption technology, ensuring secure browsing and anonymity by masking users' IP addresses. ZenMate's service portfolio includes desktop and mobile applications, as well as browser extensions for popular platforms like Chrome, Firefox, and Opera. Their VPN solution is ideal for individual users and families, facilitating anonymous browsing, secure streaming, and protection from potential cyber threats. ZenMate serves a diverse clientele in regions such as North America, Europe, and Asia, catering to both personal privacy seekers and remote workers.ZenMate primarily generates revenue through subscription-based models for its VPN services, which include various pricing tiers tailored to individual users and families. The company's transactions typically involve direct-to-consumer subscriptions, often accompanied by promotional offers such as free trial periods for new users. Customers can select from different plans, including the flagship ZenMate Ultimate, which offers extensive protection across all devices. Additionally, through partnerships with other privacy-focused services, ZenMate explores additional revenue streams by bundling services or providing exclusive deals. Their focus on flexible pricing and user-centric features aims to enhance customer retention within the competitive VPN market.Looking ahead, ZenGuard GmbH plans to leverage its recent funding to expand its product offerings and reach into new markets. The company aims to introduce upcoming features designed to enhance user experience, although specific release dates have not yet been disclosed. ZenMate is also targeting expansion into additional geographic regions, with plans to strengthen its presence in European and Asian markets. The acquisition by Kape Technologies plc is expected to support these growth initiatives, enabling ZenMate to broaden its service capabilities and enhance customer engagement.

## Funding rounds

- Series B, Jan 27, 2016 — Bessemer Venture Partners, HV Capital, Project A
- Series A, Oct 1, 2014, $3.2M — DTCP, HV Capital, Shortcut Ventures, Project A
- Seed, Oct 21, 2013 — Project A

## Investors

- Project A (https://capitalatlas.ai/funds/project-a) — Seed, Series A, Series B
- DTCP — Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A, Series B
- Shortcut Ventures (https://capitalatlas.ai/funds/shortcut-ventures) — Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B