WordPress founder and others inject $100m into NordVPN owner

www.techradar.com – 2022-04-08 06:38:30 – Source link

Nord Security, the company behind NordVPN (opens in new tab), has announced that it has raised $100m in a financing round led by Novator Ventures with participation from Burda Principal Investments and General Catalyst.

Alongside these investment firms, founders and angel investors including Supercell CEO Ilkka Paananen, Wolt CEO Miki Kuusi and Automattic (opens in new tab) CEO Matt Mullenweg also joined the round which marks the company’s first time ever raising outside capital at a $1.6bn valuation.

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