After Edward Snowden blew the whistle on NSA’s mass-surveillance program last year, so called ‘Privacy as a Service’ became a real attractive business and companies like HideMyAss, Hotspot Shield, CyberGhost VPN or ZenMate, which offer anonymous browsing and VPN-like connectivity on the web, got a lot of attraction and customers.
And money, too. ZenMate just raised $3.2 million from a group of Venture Capital funds at the beginning of October.
But Robert Knapp, co-founder and CEO of CyberGhost VPN says he turned down such offers because he doesn’t want a VC on his back, unless he finds one who understands what it means not to treat people like products. Instead, he went on Indiegogo crowdfunding platform asking people to finance his product.