With the recent acquisition of VPN provider TunnelBear, antivirus giant McAfee has added another security feature to its lineup. Known as Safe Connect, this built-in VPN service is now available as an option within McAfee’s main antivirus product. Its acquisition will increase the number of security features that McAfee offers and make it easier for users to protect themselves online.
The Canadian VPN service provider TunnelBear has been acquired by antivirus giant McAfee. McAfee plans to integrate TunnelBear’s technologies into its Safe Connect product. Meanwhile, TunnelBear’s team will continue to work on its products under a separate brand. TunnelBear’s free service was widely praised, and the firm also reported 20 million users and profitability.
As an added bonus, TunnelBear is based in Canada, making it leak-free and secure. Canada is part of the Five Eyes alliance, which shares information with the US, UK, Australia, and New Zealand. In addition to these four, TunnelBear also works with Android, iOS, Firefox, and Opera. Users can connect as many as five devices to their account.
TunnelBear, which offers free consumer VPN applications, has a long history of collaborating with other major companies in the security industry. McAfee has also gotten involved in the VPN business before. In 2011, it acquired HotSpotShield, a company that provides security for Android devices. Similarly, the company owns the VPN function on the Samsung Galaxy S9.
The acquisition comes at a time when McAfee is looking to expand its product line. Increasingly, antivirus publishers are offering cloud-based solutions with more mobile functionality. Some are targeting connected objects and the Smart TV. In addition, ESET recently announced its first antivirus for Android TVs. However, McAfee has historically been known for its anti-spam products.
After Skyhigh Networks was acquired by McAfee last November, it makes sense for the company to make the same move with TunnelBear. TunnelBear is a public VPN service based in Toronto, Canada. TunnelBear was founded in 2011 by Daniel Kaldor and Ryan Dochuk. It was a success story for both companies and was reportedly valued at $400 million in its last round of funding. In addition, McAfee is moving away from its consumer antivirus software and toward detection and the cloud.
McAfee recently acquired VPN provider TunnelBear, a Canadian company with over 20 million users around the world. The acquisition is expected to help McAfee integrate TunnelBear’s technologies into its Safe Connect security product. Meanwhile, the TunnelBear team will continue developing its own products under the TunnelBear brand. The acquisition could be a boon for VPN users as McAfee already has more than 7,000 employees in 189 countries.
While there is no concrete information about the price of the acquisition, the company is expected to improve the product and services. TunnelBear will continue to offer free VPN services, but there will be a 500MB data cap per month. However, the free version has no such limit. In addition, TunnelBear supports Windows, MacOS, Linux and all major browsers. Users can connect up to five devices simultaneously to use the VPN service.
VPN providers have been gaining in popularity as consumers become more cautious about their online privacy and the threats that lurk on the Internet. TunnelBear is a Canadian company that offers the eponymous VPN software. Its privacy protection services have garnered a solid reputation over the years. Founded by John McAfee in 1987, the company was bought by Intel in 2010 for $7 billion. In 2017, McAfee became Intel Security Group, keeping 49% of TunnelBear.
As McAfee faces a slowdown in the antivirus market, it is turning to new business models and features. While antivirus ware is always ahead of other security products, McAfee has always been a leader in anti-spam software. McAfee is a good example of this strategy. By buying TunnelBear, McAfee has bolstered its security and privacy offering.
MacKeeper Secure Home Platform
The venerable cybersecurity firm McAfee has bought the Canadian VPN company TunnelBear for an undisclosed sum. The two-switch VPN service offers a variety of paid plans, starting with 500 megabytes a month for free. There are also unlimited data plans, starting at $9.99 per month, or $4.99 per month for a year. The company says it serves over twenty million users worldwide.
The company has been busy in recent months. The company showcased a new feature called Alexa at Mobile World Congress, and has also announced a deal with Telefonica to integrate its Secure Home Platform with the firm’s broadband routers. This deal will give users added protection while using public Wi-Fi. The company also plans to integrate TunnelBear with Safe Connect, its cybersecurity platform for Windows, iOS, Android, and Mac computers.
Security company McAfee has bought VPN provider TunnelBear for an undisclosed amount. VPN tools have become increasingly popular over the past several years, and the move is likely to boost the company’s global reach. While the company has been around for eight years and has accumulated over 20 million users worldwide, the deal does not specify the amount of money involved. TunnelBear, however, will continue to be a free VPN service.
The company’s privacy policies have come under fire recently, following reports of a massive data leak. TunnelBear publishes annual reports detailing how much information the company shares with third parties and how much data they collect. Additionally, the company’s annual transparency report includes information on external data requests. It also publishes results of independent security audits. TunnelBear’s data is not kept by the company for very long, but it is protected by McAfee.
In the latest acquisition, antivirus giant McAfee has acquired VPN provider TunnelBear. The company’s eponymous VPN software has a solid reputation for privacy protection. Founded in 1987, TunnelBear has 20 million users and has recently branched out into password management. The terms of the deal were not publicly disclosed. TunnelBear has plans to continue developing its products under the TunnelBear brand.
Another important concern for users of VPN services is whether McAfee will integrate TunnelBear with its other products. While McAfee SafeConnect boasts 1,800 servers across 22 countries and uses AES 256-bit encryption, it doesn’t support Tor-over-VPN. It doesn’t unblock Netflix. There are no plans for a separate subscription for Mac users. Read How To Use TunnelBear