AnchorFree Closes $295M Investment Led by WndrCo

AnchorFree’s market-leading mobile security products have over
650M downloads, growing by 250K downloads per day

REDWOOD CITY, Calif. (BUSINESS WIRE) AnchorFree ,the

mobile privacy and security leader, announced today that it has closed a

$295 million investment led by WndrCo with participation from Accel,

8VC, SignalFire, Green Bay Ventures, and other leading technology

investors and executives. The funds will be used to further product

development and market expansion and drive M&A activity. AnchorFree’s

co-founder and CEO David Gorodyansky has been joined on the Board by

WndrCo Founding Partners Sujay Jaswa and Jeffrey Katzenberg, and Sameer

Gandhi, Partner at Accel, with Jaswa serving as Chairman. WndrCo General

Partner, ChenLi Wang has joined as a strategic advisor.

AnchorFree is the first company to bring enterprise-level privacy and

security products to consumer mobile devices, helping to protect their

identities and data online while working to secure against privacy and

security challenges such as: browsing and identity data collected by

ISPs and websites without user consent, hacking on public Wi-Fi

hotspots, phishing, and malware attacks. In a just-released

independent

from leading security and performance auditor AV-Test,

AnchorFree was found to be the most transparent and trustworthy VPN

provider. AV-Test found that, of those evaluated, AnchorFree was the

only provider that has both issued a public transparency report and has

never shared user data with law enforcement.

“Today’s digital threats are growing exponentially. Between security,

privacy, and access, billions of people are impacted by data collection,

security breaches, and censorship online,” said David Gorodyansky,

Co-Founder and CEO, AnchorFree. “We built the world’s fastest

proprietary VPN technology and the #1 mobile consumer security and

privacy product in the world with Hotspot Shield. The WndrCo team brings

deep operational experience in launching and scaling global tech

products, and we look forward to working closely with them in pursuit of

our mission to provide secure access to the world’s information for

every person on the planet.”

As concerns about privacy and data security continue to grow among

consumers and businesses, AnchorFree’s flagship product

Hotspot

has become the most popular product for users to access the

Internet in a more secure and private manner. AnchorFree’s products have

been downloaded more than 650 million times by users across 190

countries, and are being downloaded more than 250K times a day with half

of these coming from users in the U.S.

“Anyone who accesses the Internet is vulnerable to data theft and an

invasion of online privacy which has real, impactful consequences, and

David and the AnchorFree team are deeply mission-driven to address

this,” said Jaswa. “AnchorFree has the two most-downloaded mobile

security products, including the #1 mobile VPN product, because they

have the fastest most robust technology and they work for the needs of

consumers, protecting against phishing, malware, and spam in addition to

providing secure Internet access. This growth will only accelerate as

the world’s Internet security problems continue to grow, and we look

forward to supporting David and his team as they further AnchorFree’s

global success in tackling this outstanding market opportunity.”

The company recently launched

Hotspot

, which allows employees at SMBs and SMEs to

better secure their data on public Wi-Fi and to communicate and access

their work more securely on the Internet. AnchorFree’s proprietary VPN

technology, Hydra, has been rated as the fastest VPN technology

available

, with as much as 2x faster speeds than other consumer and

enterprise VPNs on the market. Hydra has been widely adopted by app

developers and the Hydra Software Development Kit is used by 60 percent

of the world’s largest security companies and many global

telecommunications companies.

AnchorFree helps millions of people and businesses around the world to

more privately and securely access the Internet, enabling:

Security on Public Wi-Fi: Giving users greater security from
having their data and identities compromised by hackers at public
Wi-Fi hotspots such as airports, hotels, coffee shops, and college
campuses. Personal Privacy Online: Hotspot Shield helps protect users
from Internet Service Providers, websites, and mobile apps that
attempt to collect user data and track users across the web. Hotspot
Shield anonymizes the IP address of each user, disrupting the ability
for third parties to track the user across the web using the IP
address. Internet Freedom and Global Access: Hotspot Shield offers users
a secure way to bypass censorship or restrictions, democratizing
access to the world’s information. Comprehensive Security: AnchorFree’s products help protect
against phishing, malware, and spam, addressing a multi-billion dollar
problem for consumers and businesses.

About AnchorFree: AnchorFree is the world’s mobile security and

privacy leader that enables consumers to more securely and privately

access the Internet. With the world’s fastest proprietary VPN

technology, AnchorFree’s flagship product, Hotspot Shield, is the

number one consumer security and privacy platform in the world providing

global access to the Internet, unencumbered by censorship. AnchorFree’s

technology is available as a SDK and powers security and privacy

solutions for 60 percent of the world’s largest security companies and a

number of global telecommunications companies. AnchorFree’s mission is

to provide secure access to