HOPR

HOPR

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Data privacy consulting for corporations. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$4—6m (Dealroom.co estimates Jul 2020.)
Company register number CHE-244.032.710
Zurich Canton of Zürich (HQ)
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DateInvestorsAmountRound

$1.0m

Seed
Total Funding000k

Recent News about HOPR

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HOPR.Network is a pioneering startup focused on enhancing privacy and security in digital communications through decentralized peer-to-peer (P2P) networking. The company operates in the burgeoning market of decentralized communications, which is gaining traction as more individuals and businesses seek to protect their data from third-party interference and potential breaches.

HOPR.Network's primary offering is a P2P messaging service that eliminates the need for centralized servers. In traditional messaging apps like WhatsApp or Messenger, messages are encrypted but still pass through company servers, which can be vulnerable to attacks. HOPR.Network's solution uses a decentralized model where each participant, or "peer," acts as both a client and a server. This means messages are sent directly between users without relying on a central server, significantly reducing the risk of data breaches.

The company's clients range from privacy-conscious individuals to businesses that require secure communication channels. These clients are typically those who prioritize data security and wish to avoid the vulnerabilities associated with centralized systems.

HOPR.Network operates on a freemium business model. Basic services are offered for free, attracting a broad user base, while premium features and enhanced security options are available through subscription plans. This model allows the company to generate revenue while also building a large and engaged user community.

In summary, HOPR.Network is at the forefront of the decentralized communication revolution, offering a secure and private alternative to traditional messaging services. By leveraging P2P technology, the company provides a robust solution for individuals and businesses looking to safeguard their communications.

Keywords: Decentralized, Peer-to-Peer, Messaging, Privacy, Security, Communication, Freemium, Subscription, Data Protection, Technology.