The company works with a “ freemium” model and provides free software with general features and a paid version with certain enhanced features, such as virtual server locations, improved speeds, unlimited bandwidth, and 24/7 live support. Its most recent fundraising round in 2018 brought in $295 million, bringing total funding to $358 million. AnchorFree is headquartered in Redwood City, California, with offices in Ukraine and Russia. The company is led by David Gorodyansky, who founded the firm in 2005 together with his friend Eugene Malobrodsky.
The company's flagship product is Hotspot Shield, a popular virtual private network (VPN) service and the top-grossing app for productivity in the Apple App Store. AnchorFree is an internet privacy and security company that provides businesses and consumers with advanced technologies to enable secure and private web browsing.
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