spotflux
Company

Last deal

$1.5M

Amount

Series A

Stage

07.03.2012

Date

2

all rounds

$2.5M

Total amount

date founded

Financing round

General

About Company
Spotflux encrypts internet traffic and removes tracking cookies and viruses in real-time.

Industry

Sector :

Subsector :

Keywords :

founded date

01.04.2011

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company provides a free online application that offers secure and limitless internet connection with high standards of privacy protection. Spotflux shields users from spyware, adware, and other malicious software, allowing them to browse the web safely and anonymously. The product is easy to use and can be used on any device, without slowing it down.
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M&A Details
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Transaction name

Acquired by

Invincea

announced date

01.05.2016

Financials

Funding Rounds
2
2

Number of Funding Rounds

$2.5M

Money Raised

Their latest funding was raised on 07.03.2012. Their latest investor Fabrice Grinda. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
07.03.2012
7
$1.5M
01.12.2011
3
$1M
Co-Investors
Investors
8
0

Number of lead investors

8

Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Series A
Fabrice Grinda

Fabrice Grinda

Fabrice Grinda is among the world’s leading Internet entrepreneurs and investors. He has over $300 million in exits and 150 angel investments. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba, Lending Club, Delivery Hero and Brightroll. Fabrice is currently investing in startups and building companies through FJ Labs, which he cofounded with business partner Jose Marin. Fabrice is also co-founder and executive chairman of Beepi, a next generation used car marketplace. Beepi recently raised $60 million in series B funding. Prior to FJ Labs and Beepi, Fabrice was co-founder and co-CEO of OLX, one of the largest websites in the world with over 200 million unique visitors per month. The company operates in 40 countries and has over 1,200 employees. OLX is the largest classifieds site in India, Brazil, Pakistan, Poland, Ukraine, Portugal and many other emerging markets. Before OLX, Fabrice was co-founder and CEO of Zingy, one of the largest wireless media companies in the Americas. Fabrice successfully grew the business to $200 million in sales in four years. Fabrice started his entrepreneurial journey in 1998, at 23, when he co-founded and was CEO of Aucland. Soon after, Aucland grew into one of the largest auction sites in Europe. Before his entrepreneurial endeavors, Fabrice worked as a management consultant for McKinsey & Company. Fabrice holds a BA in Economics from Princeton University. He graduated Summa Cum Laude in 1996, and was awarded the Halbert White prize, given to the most distinguished economics student, as well as The Wolfe Balleisen memorial prize, awarded for best thesis. In his free time, Fabrice likes to travel the world, kitesurf, play tennis, and blog about his personal and professional life at www.fabricegrinda.com.

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Employee Profiles
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Activity

Recent News
0