Cloak

Cloak is a cybersecurity company specializing in virtual private network (VPN) services, aimed at ensuring secure internet access and protecting user privacy online. Their services cater to both individual consumers and businesses. Cloak, founded in 2011 in Seattle, US, operates in the cybersecurity sector with a focus on VPN solutions. The company was co-founded by Ben Curtis and Luigi Caramico, with Luigi Caramico serving as the current CEO.

In July 2016, Cloak was acquired by StackPath, a portfolio company of ABRY Partners, although the financial terms of the transaction were not disclosed. Cloak offers a comprehensive virtual private network (VPN) service designed to provide users with secure internet access and protect their online privacy. The core product is an easy-to-use VPN application that encrypts users' internet traffic, ensuring confidentiality and protection against potential threats. This service is tailored for individual consumers as well as businesses seeking robust cybersecurity solutions.

With a growing client base, Cloak is focused on serving users globally, particularly in North America and Europe, with functionalities including seamless server connections and user-friendly interfaces across multiple platforms. Cloak's revenue model is based on subscription services, where clients pay for access to their VPN features and functionalities. Users can select from various pricing plans, including monthly and annual options, providing flexibility according to individual needs. Revenue is generated directly from consumers through the purchase of subscriptions for their VPN service, supporting the ongoing development and enhancement of their cybersecurity offerings.

Cloak plans to leverage recent developments to enhance its service offerings. Following its acquisition by StackPath in July 2016, the company aims to expand into new markets and geographical regions, focusing on increased penetration in both North America and Europe. The funding from the acquisition will be utilized to support product development and market expansion efforts.