Opera Software acquires venture-backed privacy platform SurfEasy

Opera Software ASA has bought SurfEasy Inc, a Toronto-based provider of virtual private network solutions for protecting online privacy and security. The financial terms of the deal were not published. Opera Software, an internet business with headquarters in Oslo, Norway, said the acquisition will expand its security-focused product footprint. SurfEasy was co-founded in 2011 by CEO Chris Houston, CTO Athir Nuaimi and COO Steve Kelly. It has been backed by a number of investors, including Canadian venture capital firms Mantella Venture Partners, MaRS Investment Accelerator Fund and BrandProject, as well as U.S. financial services firm Comerica.


Opera acquires SurfEasy, a North American online privacy company

Millions of internet users can now take control of their online privacy and security, empowered by Opera Software’s acquisition of SurfEasy.

OSLO, Norway and TORONTO, Canada, March 19, 2015 /PRNewswire/ — Opera Software announced today that it has acquired SurfEasy Inc., a leading Toronto-based company that provides an easy-to-use VPN solution for protecting customers’ online privacy and security on smartphones, tablets and computers.

Do more online, safely and securely

A VPN or “virtual private network” provides an added layer of internet security by encrypting all internet traffic sent to and from your device. A VPN therefore allows people to access the internet freely, without the fear of compromising their sensitive data.

In short, SurfEasy’s solutions secure public Wi-Fi, protect users’ online identities and unlock websites, giving users online freedom to surf the web without restrictions, from anywhere in the world.

“Over the past few years the dialogue and awareness around online privacy issues has increased dramatically. We are all now very aware just how vulnerable our data is to hacking, monitoring and censorship, regardless of the network or device you’re using to access the web,” says Chris Houston, founder and CEO, SurfEasy.

“By teaming up with Opera, a global internet company with over 350 million users, we are able to accelerate our vision to give users access to simple applications that let them take back control of their online privacy and freedom,” he continues.

Growing knowledge of internet privacy and security

Over 90% of US internet users have concerns about their online privacy and 86% have taken action to protect that privacy, looking for solutions and moderating their online activities, according to the 2015 TRUSTe index.

“More and more internet users are starting to question whether they can trust the internet these days, and are actively looking for secure solutions for their phone or computer,” said Lars Boilesen, CEO, Opera Software.

“Privacy and security has always been top of mind for Opera’s users, making the acquisition of SurfEasy a seamless fit. Opera has evolved beyond our browser roots and this step will add a critical building block towards a broader portfolio of applications,” he continues.

The two companies envision a powerful collaboration and venture into joint products, expanding on Opera’s product footprint.

Opera Software crafts products and services that connect 350 million people to the internet. More than 130 operators around the world choose to work with us to give their customers the best web experience. Our mobile advertising platform enables publishers to monetize their content and allows brands to reach a global audience of more than 800 million consumers. Learn more about Opera at www.opera.com, or follow Opera on Facebook, Twitter and blogs.opera.com.
Opera and Opera Mini are trademarks of Opera Software ASA.

SurfEasy Inc. provides easy-to-use solutions for protecting our customers’ online privacy and security on any smartphone, tablet and computer. SurfEasy operates a global private network that harnesses bank-grade encryption technology to enable customers to access the Internet without the fear of being hacked or monitored. With SurfEasy, customers’ identities and locations are hidden from any websites they visit. SurfEasy services are designed and developed in Canada and used by customers around the globe. For more information, visit www.surfeasy.com.

CONTACT: Caroline Gennaro, 203-273-7878, carolineg@opera.com

SOURCE Opera Software

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