Abine Inc.
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Abine Inc. - overview
Established
2008
Location
Cambridge, MA, US
Primary Industry
IT Security/Cybersecurity
About
Abine Inc. is a company focused on enhancing online privacy through innovative solutions designed to protect personal information and secure online transactions. Founded in 2008 by Rob Shavell, Abine Inc. specializes in privacy solutions.
The company is headquartered in Cambridge, US, and has made one notable funding round in July 2011, securing USD 6. 47 mn in Series A funding from investors including Accomplice, Atlas Venture, and General Catalyst Partners, bringing total amount raised to USD 6. 47 mn and current company valuation to USD 11. 666 mn.
Abine Privacy enhances online privacy with products like DeleteMe and IronVest. DeleteMe removes personal information from over 100 million online listings, protecting users from data brokers and invasive ads. IronVest safeguards user accounts and payment information during online transactions. The services are primarily offered in North America and Europe, addressing the increasing demand for privacy solutions.
Abine Privacy generates revenue through subscription models for DeleteMe and IronVest, with clients subscribing to annual or monthly plans. Pricing is structured around service features, with tiers for individuals and businesses. This model ensures steady revenue as customers renew their subscriptions for ongoing privacy and security tools. Following the Series A funding of USD 6.
47 mn in July 2011, Abine Inc. plans to expand its offerings and geographic reach. The company is focusing on developing new products aimed at enhancing user privacy, although specific release dates are not provided. Additionally, Abine is targeting an expansion into new markets, particularly in Europe, to capitalize on the growing demand for privacy solutions.
Current Investors
Atlas Venture, General Catalyst Partners, Accomplice
Primary Industry
IT Security/Cybersecurity
Sub Industries
Web Applications, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.abine.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Series A
Total Amount Raised
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