Company:Kape Technologies
 | |
| Formerly | Crossrider |
|---|---|
| Type | Private |
| Industry | Information security |
| Founded | 2011 |
| Founder |
|
| Owner | Teddy Sagi |
| Subsidiaries |
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| Website | kape |
Kape Technologies plc (formerly Crossrider Ltd.) is a British-Israeli company[1] owned by businessman Teddy Sagi.[2] Kape owns the VPN service and cybersecurity companies CyberGhost, Private Internet Access, ZenMate, ExpressVPN, and Intego.[3]
The development center of Kape is located in the Azrieli Sarona Tower in Tel Aviv.[4]
History
2011-2017: Crossrider
Template:Pic Crossrider was founded in 2011 by Smueli Achdut and Koby Menachemi.[5]
In late 2012, Israeli businessman Teddy Sagi acquired Crossrider for $37 million. The company went public on AIM at a value of $250 million. Crossrider started off by making a software development kit (SDK) for the deployment of browser extensions to a variety of platforms with support for monetizing extensions.[6][7] The monetization options were used by major ad injectors which used man-in-the-browser to change or add advertisements to what users saw.[7] Over time, Crossrider's services became increasingly utilized by malware and adware developers and the company was unable to combat misuse.[7]
In May 2014, it acquired Ajillion for $2.2 million and Definiti Media for at most $12 million.[8]
In June 2016, following the appointment of new management team, the company changed its strategy to focus to cyber-security with a focus on digital privacy and protection of digital data.[7] In practical terms, the company stopped its browser SDK business to focus on the VPN sector, purchasing CyberGhost VPN in 2017.[9]
2018-current: Kape Technologies
In March 2018, the name of the company was changed to Kape Technologies plc.[10]
Kape purchased VPN services Zenmate in 2018, Private Internet Access in 2019 and ExpressVPN in 2021.[11][12][13][14] It also acquired the VPN service review publisher Webselenese in 2021.[9]
References
- ↑ Scheer, Steven (September 13, 2021). "Kape Technologies buys ExpressVPN for $936 mln" (in en-US). Reuters. https://www.reuters.com/technology/kape-technologies-buys-expressvpn-936-mln-2021-09-13/.
- ↑ Hodge, Rae. "What is Kape Technologies? What you need to know about the parent company of CyberGhost VPN" (in en). https://www.cnet.com/tech/services-and-software/what-is-kape-technologies-what-you-need-to-know-about-the-parent-company-of-cyberghost-vpn/.
- ↑ "Kape Technologies Agrees to Buy ExpressVPN for $936 Million" (in en). Bloomberg.com. September 13, 2021. https://www.bloomberg.com/news/articles/2021-09-13/kape-technologies-agrees-to-buy-expressvpn-for-936-million..
- ↑ "Kape revenue doubles following PIA acquisition" (in en). Globes. 2020-09-15. https://en.globes.co.il/en/article-kape-revenue-doubles-following-pia-acquisition-1001342824.
- ↑ "Crossrider CEO: Teddy Sagi's vision fits our plans - Globes" (in en). 2014-10-07. https://en.globes.co.il/en/article-crossrider-ceo-sagis-vision-fit-ours-1000977376.
- ↑ "Adware.CrossRider". n.d.. https://blog.malwarebytes.com/detections/adware-crossrider/.
- ↑ 7.0 7.1 7.2 7.3 Taylor, Sven (2021-11-29). "Taking a Closer Look at Kape Technologies, Crossrider, and Malware" (in en-US). https://restoreprivacy.com/kape-technologies-crossrider-malware/.
- ↑ "Crossrider CEO: Teddy Sagi's vision fits our plans - Globes" (in en). 2014-10-07. https://en.globes.co.il/en/article-crossrider-ceo-sagis-vision-fit-ours-1000977376.
- ↑ 9.0 9.1 Lekander, Alex (15 September 2021). "Kape Technologies (Formerly Crossrider) Now Owns ExpressVPN, CyberGhost, Private Internet Access, Zenmate, and a Collection of VPN “Review” Websites". https://cyberinsider.com/kape-technologies-owns-expressvpn-cyberghost-pia-zenmate-vpn-review-sites/.
- ↑ "Teddy Sagi's Crossrider to raise $75m in London IPO - Globes English" (in he). 19 August 2014. https://www.globes.co.il/en/article-teddy-sagis-crossrider-to-raise-75m-in-london-ipo-1000968056.
- ↑ Dobberstein, Laura. "ExpressVPN bought for $1bn by Brit biz with an intriguing history in adware" (in en). https://www.theregister.com/2021/09/14/expressvpn_bought_kape/.
- ↑ "Kape Technologies buys ExpressVPN for $936 mln" (in en). September 13, 2021. https://www.reuters.com/technology/kape-technologies-buys-expressvpn-936-mln-2021-09-13/.
- ↑ Hodge, Rae (September 13, 2021). "Kape Technologies buys ExpressVPN as part of a $936 million deal" (in en). https://www.cnet.com/tech/services-and-software/kape-technologies-buys-expressvpn-as-part-of-a-936-million-deal/.
- ↑ "ExpressVPN Acquired by Kape Technologies: How Does It Affect You?" (in en-US). September 19, 2021. https://www.makeuseof.com/expressvpn-kape-technologies-affect-you/.
External links
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