Who owns the VPNs: all 23 owner groups

23 companies own the VPNs in our data. The 10 biggest are Ziff Davis, Inc., Kape Technologies, Nord Security, Point Wild, Gen Digital Inc., Innovative Connecting Pte. Ltd. (Qihoo 360-linked network), PureSquare / Gaditek, McAfee, Proton AG, WCOMES Technologies Co. Ltd.. Each owner page lists its brands, companies, licences and fines and legal actions, with sources.

OwnerOwnershipHQVPNsFines
Ziff Davis, Inc.listed (NASDAQ:ZD)United States111
Kape Technologiesprivate (Teddy Sagi via Unikmind Holdings; taken private and delisted from AIM in 2023)United Kingdom81
Nord Securityprivate (founders incl. Tom Okman / Eimantas Sabaliauskas; minority investors Novator, Burda Principal Investments, General Catalyst, Warburg Pincus)Lithuania8
Point Wildprivate (formed Dec 2024 by merger of Pango Group and Total Security; ProPrivacy names WC SACD Holdings Inc. as ultimate parent of Pango)United States81
Gen Digital Inc.listed (NASDAQ:GEN)United States / Czech Republic63
Innovative Connecting Pte. Ltd. (Qihoo 360-linked network)subsidiary of Lemon Seed Technology (Cayman), which Qihoo 360 reported acquiring in 2019 (per Tech Transparency Project)Singapore52
PureSquare / Gaditekprivate (Gaditek, co-founded by the Gadit family; PureSquare launched 2023 as brand parent)Pakistan (operating) / BVI (contracting entity)31
McAfeeprivate (consortium led by Advent International and Permira, with Crosspoint Capital, CPP Investments, GIC and ADIA; ~USD 14bn take-private announced Nov 2021)United States2
Proton AGfoundation (non-profit Proton Foundation is the largest voting shareholder since 2024)Switzerland21
WCOMES Technologies Co. Ltd.private (two mainland Chinese shareholders per TTP)Hong Kong2
Amagicom AB (Mullvad)private (founder-owned Amagicom AB)Sweden11
Auraprivate (venture-backed)United States1
Certida, LLCprivateUnited States1
eVenture Limited (hide.me)privateMalaysia1
Free Connected Limited / LightningLink Networks (X-VPN)private (TTP reports ownership by Chengdu Zhuozhuo Technology, China)Hong Kong / Singapore1
Hola VPN Ltd. / Hola Networksprivate (founders Ofer Vilenski and Derry Shribman)Israel1
Kaspersky (AO Kaspersky Lab)private (founder Eugene Kaspersky)Russia11
Mozilla Corporationsubsidiary of the not-for-profit Mozilla FoundationUnited States1
Ookla, LLC (Accenture)subsidiary of Accenture plc (NYSE:ACN) since 2026United States1
OpenVPN Inc.privateUnited States1
Opera Limitedlisted (NASDAQ:OPRA); about 68% held by Kunlun Tech (China) via Hong Kong Kunlun Tech HoldingNorway1
VTNV Solutions Limited (Le VPN)privateunclear1
Windscribe Limitedprivate (founder Yegor Sak)Canada11