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Mysterium Network - About the company

Mysterium Network is a funded company based in Zug (Switzerland), founded in 2016 by , and . It operates as an Open source decentralized virtual private networks. The company has 284 active competitors, including 6 funded and 5 that have exited. Its top competitors include companies like NordVPN, Kape and Surfshark.

Company Details

Mysterium claims to be developing an open source, a decentralized marketplace that enables individuals to purchase unused network bandwidth from service providers using digital tokens and a smart contract on ethereum. The platform would enable "providers" and "consumers" to engage in a bidding platform that allows individuals to subscribe to various network service providers and use the web at heightened levels of privacy. Unlike Tor, Mysterium would integrate a commercial angle that involves individuals being able to lease out their excess network bandwidth or being able to purchase it from another party. The marketplace component would lead to active competition amongst service providers, thereby ensuring the best prices for consumers seeking to hide their IP addresses. The founders claim to offer superior encryption in comparison with Tor and aim to go commercially live by 2020.
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Key Metrics
Founded Year
2016
Location
Stage
Funding Raised
Investors
Ranked
60th among
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Mysterium Network's funding and investors

Mysterium Network is a funded company.

Mysterium Network has 1 institutional investor - .

Mysterium Network's founders and board of directors

The founders of Mysterium Network are , and . has founded 1 more company - Mysterium VPN. has founded 1 more company - Mysterium VPN.

Mysterium Network's Competitors and alternates

Top competitors of Mysterium Network include NordVPN, Kape and Surfshark. Here is the list of Top 10 competitors of Mysterium Network, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for NordVPN
NordVPN
2012, New York City (United States), Series C
Provider of encryption based VPN for secure and anonymous internet activity
$100M
62/100
2nd
Logo for Kape
Kape
2003, London (United Kingdom), Public
Provider of personal VPN security solution for secure internet access
-
54/100
3rd
Logo for Surfshark
Surfshark
2018, United Kingdom, Unfunded
VPN solution for online security
-
-
55/100
4th
Logo for IPVanish
IPVanish
1999, Orlando (United States), Unfunded
Provider of VPN service and geo unblocking for secure and anonymous browsing
-
-
54/100
5th
Logo for AnchorFree
AnchorFree
2005, Redwood City (United States), Series E
VPN based secure browsing & online privcay
$358M
Silicom Ventures, Ìý&²¹³¾±è;Ìý
53/100
6th
Logo for VyprVPN
VyprVPN
2009, Meggen (Switzerland), Series A
VPN solution for online privacy protection
$3.39M
51/100
7th
Logo for Quark VPN
Quark VPN
2020, United States, Unfunded
Cloud-based VPN solutions provider
-
-
45/100
8th
Logo for Unionvpn
Unionvpn
2022, New York City (United States), Unfunded
Virtual private network for online security
-
-
45/100
9th
Virtual private network for online security
-
-
44/100
10th
Logo for Ocean VPN
Ocean VPN
2022, San Francisco (United States), Unfunded
Virtual private network for online security
-
-
44/100
60th
Logo for Mysterium Network
2016, Zug (Switzerland), Funding Raised
Open source decentralized virtual private networks
-
37/100
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Mysterium Network's Investments and acquisitions

Mysterium Network has made no investments or acquisitions yet.

Reports related to Mysterium Network

Here is the latest report on Mysterium Network's sector:
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News related to Mysterium Network

Media has covered Mysterium Network for 1 event in last 1 year, It was about partnerships.
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GlobeNewswire•Aug 26, 2024•Blockmate Ventures, Hivello Holdings, Mysterium Network
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Tech Funding News•Apr 13, 2023•NATIX Network, Blockchange, XYO Network, Mysterium Network and 6 others
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vcbay.news•Apr 08, 2023•Native, 11 Tribes Ventures, Connetic Ventures, Jumpstart Ventures and 22 others
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ACN Newswire•Jul 14, 2022•MEXC Global, Mysterium Network
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Crowdfund Insider•Jun 28, 2021•Mysterium Network,
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GlobeNewswire•Jan 30, 2021•Mysterium Network, Bittrex
•
GlobeNewswire•Oct 14, 2020•Mysterium Network, Sentinel
•
Fintech Finance•Dec 19, 2018•Mysterium Network
•
CryptoCoinsNews•May 12, 2017•Mysterium Network
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