McAfee has the reach to put our services in the hands of hundreds of millions of people and our team is excited to make it happen.
TUNNELBEAR WAS ACQUIRED BY MCAFEE PASSWORD
Reaching 22M people is an amazing accomplishment, but there’s more than three billion people connected to the internet today and only a tiny percent of these people are using VPN and password managers to protect themselves online. Our mission has always been to help everyone browse a more private and open internet.
![tunnelbear was acquired by mcafee tunnelbear was acquired by mcafee](https://solutionsreview.com/endpoint-security/files/2018/03/TunnelBear-mod.jpg)
With this all of company’s team will continue to work on TunnelBear products and will stay at its Toronto headquarter.įor TunnelBear, we know that now is the right time to join forces with McAfee. Security company McAfee announced the acquisition of TunnelBear, a Toronto-based company best known for its VPN product TunnelBear, today. Not only that, company has also forayed in password management domain with its RememBear standalone app. TunnelBear’s cross-platform VPN app is being used by 22 million people. It has also published VPN Industry’s first independent security audit and authored tens of thousands of Bear puns The company is based in Toronto, Canada and was founded in 2011. Moreover, it has managed to reap profits in the past, which makes the takeover more lucrative for McAfee. Till date, company has not taken outside funding which makes its valuation hard to guess. Christopher Young, chief executive officer, McAfee said, This investment is strategic for McAfee’s consumer. VPN Special interviewed various VPN providers asking what they thought about recent McAfees acquisition of TunnelBear VPN. The Virtual Private Network service provider will be helping McAfee boost Wi-Fi security progressions for its product Safe Connect. VPN Provider TunnelBear has confirmed the acquisition. Toronto-based TunnelBear was recently acquired by McAfee for an undisclosed amount. Specifics regarding the deal have not been disclosed. The latter was founded in 2011 by Daniel Kaldor and Ryan Dochuk in Toronto, Canada, but was acquired by McAfee in 2018. The former was founded in 2012 by four childhood friends that came together to build technology that could liberate the internet.
![tunnelbear was acquired by mcafee tunnelbear was acquired by mcafee](https://m.media-amazon.com/images/I/41eSa63u3kL.jpg)
A well known Antivirus company McAfee has acquired a popular virtual private network (VPN) provider TunnelBear. Both NordVPN and TunnelBear have several years of history.