Nord Security

Overview
News

Nord Security is a leading cybersecurity firm founded in 2012 by Tom Okman and Eimantas Sabaliauskas in Vilnius, Lithuania. The company pioneered the mass-market consumer virtual private network (VPN) category with its flagship product NordVPN. NordVPN encrypts internet traffic and disguises users' online identities, allowing them to browse the web privately and securely while also accessing blocked websites and services. As of April 2022, NordVPN dominates the USD 44.6 billion global VPN market, with its service costing around USD 140 annually or USD 12 monthly.

Beyond NordVPN, Nord Security offers a suite of security and privacy solutions for individuals and businesses. This includes NordPass, a password manager; NordLocker, an encrypted cloud storage service; and NordLayer, a network access security solution for enterprises. Nord Security's products leverage advanced encryption technologies to analyze, detect, and contain cyber threats at the network edge before reaching user devices. As of April 2022, the company's solutions were trusted by millions of consumer users worldwide and businesses like Calendly, Adobe, Shutterstock, and Vinted.

In February 2022, Nord Security merged with Surfshark, a popular consumer cybersecurity company, to accelerate their shared vision of providing modern privacy and security tools. This allowed Nord Security to integrate Surfshark's offerings like a consumer VPN, antivirus, data breach detector, private search engine, and data deletion tool into its product lineup.

Key customers and partnerships

As of April 2022, Nord Security operated in 20 countries globally and served millions of consumer users worldwide with its suite of cybersecurity products. The company's solutions were also adopted by businesses across various industries, including prominent names like Calendly, Adobe, Shutterstock, and the Lithuanian startup Vinted, for advanced threat protection against evolving cyber threats.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Vilnius
Founded year:
2012
Employees:
1,001-5,000
IPO status:
Private
Total funding:
USD 209.0 mn
Last Funding:
USD 100.0 mn (Private Equity; Sep 2023)
Last valuation:
USD 3.0 bn (Sep 2023)
Funding data are powered by Crunchbase
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