Company Overview
Snapshot
Founded in January 2008 by Ofer Vilenski and Derry Shribman, Hola operates with over 500 employees. The company has raised $34 million across three funding rounds from 8 investors.
Business overview
Hola is a VPN service provider specializing in solutions designed to enhance user experience. The company's core technology utilizes a social routing approach to accelerate internet access by caching content with peers, enabling a free service model by reducing server costs. Hola also delivers robust online security and anonymity features, protecting users from ISP tracking, preventing hacking, and improving incognito browsing. Its services further facilitate access to geo-restricted content and overcome various internet blocking obstacles, operating within the Cyber Security sector and serving global markets with B2C and B2B business models.
Strategic signal
In August 2017, EMK acquired a majority stake in Luminati, a company associated with Hola, at a valuation of nearly $200 million. This transaction signals significant investor confidence in the underlying technology and market potential of Hola's offerings, highlighting the strategic value of its network infrastructure and proxy services within the broader cyber security and content delivery landscape.
Company Intelligence Q&A
- What is Hola's primary business?
- Hola provides VPN solutions that enhance internet access speeds through social routing and offer online security and anonymity features, including protection against ISP tracking and access to geo-restricted content.
- When was Hola founded and by whom?
- Hola was founded in January 2008 by Ofer Vilenski and Derry Shribman.
- What was a notable M&A event related to Hola?
- In August 2017, EMK acquired a majority stake in Luminati, a company associated with Hola, at a valuation of nearly $200 million.