spotflux
Encrypts internet traffic and performs cloud-based, real-time calculations to remove tracking cookies and viruses.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Spotflux operated as a cloud-based Virtual Private Network (VPN) service, founded in 2011 by Dean Mekkawy and Chris Naegelin. Headquartered in Brooklyn, New York, the company positioned itself as a tool for enhancing digital privacy and security across multiple devices. The venture showed early promise, reportedly attracting 100,000 users within its first two months and securing over $2 million in funding through two rounds, including a Series A in March 2012 from investors such as FJ Labs and Kima Ventures.
The core of Spotflux's business was a VPN application designed to encrypt a user's internet traffic, thereby masking their IP address and location for anonymous browsing. The service differentiated itself by performing real-time, cloud-based scans to filter and remove tracking cookies, online ads, viruses, and malware as the user's data passed through its servers. This provided a dual benefit of security and a cleaner browsing experience. The product was available for major operating systems including Windows, macOS, Android, and iOS.
Spotflux utilized a freemium business model to attract a broad user base. It offered a completely free, ad-supported version that provided unlimited bandwidth, a significant competitive advantage at the time. Revenue was generated through premium subscriptions, which removed advertisements and unlocked additional features, such as comprehensive data encryption for all applications, not just the web browser. The company offered several pricing tiers, including a low-cost mobile-only plan and a premium plan that supported up to five devices. Despite its initial growth and achieving recognition like being named one of CNET's Top-10 Security products in 2013, Spotflux ceased operations at the end of August 2017.
Keywords: Spotflux, VPN service, online privacy, cybersecurity, internet security, data encryption, Dean Mekkawy, Chris Naegelin, freemium VPN, ad blocking, malware protection, tracker blocking, cloud-based security, anonymous browsing, IP masking, network security, consumer VPN, mobile security, secure connection, defunct tech company