Kape Technologies PLC
History
Kape Technologies PLC was originally called Crossrider and started in 2013. It is a cybersecurity company that owns several cybersecurity tools and VPN services, including Intego, Zenmate, PIA or Private Internet Access, and CyberGhost. The company changed its strategy to focus on the protection of digital data and digital privacy. Later, the company stopped the SDK business to focus on the VPN field and purchased CyberGhost VPN in 2017.
The company name was changed from Crossrider to Kape Technologies PLC in March 2018. After that, the company purchased Zenmate and Private Internet Access, respectively, in 2018 and 2019. Kape also acquired ExpressVPN in September 2021. Now Kape is focusing on helping people by creating a safe and better digital experience.
The company and its subsidiaries are distributing and developing online security products. It has become a digital product and online distribution hub. The company powers every aspect of a product. Then, it enhances the user activity value with improved re-engagement and retention rates.
The headquarters is situated in London, England. It has more than 1000 employees globally, including Cyprus, Hong Kong, Singapore, the USA, the Philippines, France, Romania, Germany, Israel, and the UK.
Privacy has been the main priority for the company for the past few years. It provides a secure and private digital life. Now the company works in System & software recovery, Windows fixing & repair, Identity protection, Multi-platform privacy solutions, secure connection, browser plugins, malware protection, firewall security, information security, Dedicated IP, Secure network gateway, online security, antivirus products, and VPN.
Market share and Current Stage
The annual revenue of the Company is $230.7 Million. It is expected that Kape will generate revenues for the year 31 December 2022 ended with between $610- 624 million and pro forma Adjusted EBITDA of between $166-172 million for the year ending 31 December 2022.
Subsidiaries of the Company are CyberGhost SRL, Neutral Holdings Inc, Intego Inc, and others.
The Company offers products that provide online security, privacy, and an optimal online experience. Some of the significant products of this Company include CyberGhost, ReImage, and Driver Agent.
Kape Technologies PLC can be a tremendous/profitable option for those looking for stocks with good returns. As of 7 January 2023, this Company’s PLC quote equals 269.551. Based on a forecast, a long-term increase is expected in the Company’s stock price prognosis for 5 January 2028 is 504.513. The revenue of the Company is expected to be around +87.17% with a 5-year investment. In 2028 your current $100 investment can go up to $187.17.
Currently, the Company is operating two reportable segments, i.e., Digital Security, Digital privacy & Digital content. Kape includes more than 7 million paying customers supported by a team of more than 1,000 people across 10 ten locations worldwide.
Competitor Analysis
The main competitors of Kape Technologies are companies that are part of the software application industry. These are Bytes Technology Group (BYIT), Auction Technology Group (ATG), IntegraFin (IHP), Blue Prism Group (PRSM), NCC Group (NCC), IMImobile (IMO), Alfa Financial Software (ALFA), Trustpilot Group (TRST), Boku (BOKU), and Midwich Group (MIDW).
All of hese Companies are part of the software application industry.
FAQ'S
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Company Name
Kape Technologies PLC
Head Quarter
United Kingdom
Founders
Teddy Sagi
CEO
Ido Erlichman
Inception Date
2011
Most Heard Brand
Zenmate VPN
Total assets
$955.71 Million