NordVPN becomes a tech unicorn


Noellie Mautaint

April 09, 2022 at 12:15 p.m.

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nordvpn laptop

The more closed circle of Tech unicorns welcomes a newcomer. Nord Security has just raised $100 million.

The Lithuanian company is best known for NordVPN and its related products, such as its secure online storage solution NordLocker or its password manager NordPass.

Nord Security, the new unicorn of Tech

Nord Security is becoming a tech unicorn. The company known for its NordVPN software announced this Thursday, April 7, a fundraising of more than 100 million dollars (about 91 million euros). This round of funding increases its valuation to 1.6 billion dollars (about 1.5 billion euros). This first external fundraising allows Lithuanian society to enter the circle of European unicorns, which is growing over the months.

NordVPN

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NordVPN

  • Highly efficient streaming and TV access
  • Huge number of servers
  • Next generation NordLynx VPN protocol

A figurehead of VPNs, NordVPN continues to evolve at full speed. Its performance has gone up a notch thanks to the deployment of a network of 10 GB RAM servers and the NordLynx VPN protocol. In addition to remarkable applications, it stands out for its ease of use and excellent stability. A service that we can only recommend, and without a doubt the best VPN for its quality / price ratio.

A figurehead of VPNs, NordVPN continues to evolve at full speed. Its performance has gone up a notch thanks to the deployment of a network of 10 GB RAM servers and the NordLynx VPN protocol. In addition to remarkable applications, it stands out for its ease of use and excellent stability. A service that we can only recommend, and without a doubt the best VPN for its quality / price ratio.

The millions collected will be used to maintain the growth of the company, which will focus above all on acquiring new customers. It also wants to conquer more and more territories and build new products for individuals and businesses. Founded in 2012 in Vilnius, Nord Security is currently the biggest tech employer in the capital. It now has 1,700 employees, to which 200 new people will soon be added.

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Source : CNBC



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