Tunnelbear was acquired by mcafee8/28/2023 So even if law enforcement agencies do reach out to the company, they will have very little information to give away. Therefore, it does not log identifiable information like IP addresses, names, DNS queries, payment information, and more. TunnelBear does follow a strict no-logs policy. This could put your online privacy at risk if the government authorities decide to against you. Therefore, TunnelBear lags in this area as it was acquired by McAfee, a US-based company, in 2018. Unfortunately, these countries have mandatory data retention laws that require VPNs and other telecom companies to log user data and provide access to authorities if need be. Five Eyes is an alliance between the US, UK, Canada, Australia, and New Zealand – where these nations monitor and share information. TunnelBear is based in Canada – a member of the Five Eyes Alliance. TunnelBear’s Jurisdiction – Is it safe from the Five Eyes? To answer this question, we decided to put this VPN to the test. Since online privacy and security are important, we decided to check “is TunnelBear safe in 2023?”. ![]() However, not all VPNs are secure and safe to use. A VPN can help you mask your real IP address, thus offering anonymity and online privacy. Your internet service providers (ISP), hackers, advertisers, and government agencies can see what you do online. In today’s world, cybersecurity is a major issue, especially online privacy. ExpressVPN on the other hand is our top choice due to its lightning-fast speed, robust encryption, and unmatched unblocking capabilities. TPG declined to comment in response to the Wall Street Journal’s report, and McAfee did not respond to requests for comment.Yes, while TunnelBear is a safe VPN that utilizes the latest encryption and protocol to keep your connection secure, its headquarter location raises a few eyebrows. While the Wall Street Journal’s unnamed sources indicated that TPG and Intel are seriously looking into an IPO listing, they say that a sale to a private buyer (including Thoma Bravo) is also a possibility. The recent boost in cash flow and the influx of new capital provided by an IPO could mean that Intel-which still holds 49 percent of McAfee-could finally make money on the deal. The company acquired both VPN provider TunnelBear and cloud-security firm Skyhigh Networks last year. However, in recent year, McAfee has successfully boosted its cash flows thanks to strategic acquisitions and changes to its overall business strategy under current CEO Chris Young. ![]() ![]() Private equity firm Thoma Bravo acquired a minority stake in the company the following year. In 2016, Intel sold a 51 percent stake to TPG for $3.1 billion, giving McAfee an enterprise value of just $4.2 billion the jointly-owned company returned to the McAfee name. McAfee first went public in a $75 million IPO in 1999 and remained in active trading until Intel bought the company for $7.6 billion in 2011 and rebranded it Intel Security. ![]() For example, cybersecurity firm CrowdStrike-known for its Falcon cloud security platform-successfully went public in May and has seen its share price double following its IPO. The first half of the year saw the highest volume of such offerings in almost two decades as companies like McAfee are experiencing a boost in investor interest. If McAfee does indeed go through with a planned IPO listing, it would do so in a year that has be unusually active for tech IPOs. The anti-virus software company, which is currently owned by private equity firm TPG Capital and Intel, could expect to raise $1 billion at a $5 billion valuation, according to the Journal. According to unnamed sources cited by the Wall Street Journal, cybersecurity firm McAfee may be preparing for a return to the public markets with an IPO listing later this year.
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