As of August 2026, Latka tracks 18 business VPN software companies. They have combined revenues of $532.5M and employ 3.6K people. They have raised $483.4M and serve 160M customers combined.
Every company below sells business VPN software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Business VPN software allows organizations to create secure connections over the internet, enabling remote employees and branch offices to access internal networks and applications safely. It enhances data security by encrypting data transmitted between users and company servers, thus protecting against unauthorized access and cyber threats. Common use cases include secure remote access for telecommuters, secure connections for mobile workers, and the ability to connect multiple office locations into a single secure network. Typical features of business VPN solutions include strong encryption protocols, multi-factor authentication, user access controls, and centralized management for employee accounts. Users of this technology primarily include IT professionals, security teams, and decision-makers in organizations who require secure communication and data protection. The software is essential for businesses seeking to comply with data protection regulations and ensure operational continuity even when employees work remotely.
Sorting: Highest -> Lowest
Showing 10 of 18 companies ranked by annual revenue.
Vilnius, Lithuania
Nord Security is a cybersecurity company known for its flagship product, NordVPN. The company provides digital security and privacy solutions for both businesses and individuals.
Netanya, Netanya, Israel
Provider of a community-powered virtual private network designed to offer a secure internet. The company's services help to browse the web without censorship and to watch videos with less buffering and faster start time, enabling consumers to make the web accessible for all, by sharing idle resources.
Santa Clara, California, United States
Provider of a cloud native networking software designed to simplify connectivity to the cloud in a secure and scalable way. The company's software reduces the time to setup new virtual private networks and provides load balanced technology, enabling enterprises to realize the benefits of agility, flexibility and simplicity when migrating applications to the cloud.
Pleasanton, California, United States
OpenVPN® solutions help organizations to easily create secure, virtualized, reliable networks that ensure secure communications between on-premise applications, SaaS applications, a remote workforce, business partners, IoT/IIoT devices, and specialized global applications. We offer two secure networking solutions for small, medium, and enterprise businesses. CloudConnexa™, our managed solution, provides secure communication between an organization's distributed workforce, loT/lloT devices, and the online services they rely on daily with a secure virtualized network. Access Server, our self-hosted solution, simplifies the rapid deployment of a secure remote access solution with a web-based graphic user interface and built-in OpenVPN Connect Client installer. Both allow you to secure your business at scale and provide a seamless experience for your team — no matter the size. OpenVPN is recognized as a market-proven leader in virtual private networking by Fortune 500 companies and small businesses alike across the globe. With more than 60 million downloads of the core open source software and over 20,000 commercial customers, OpenVPN is changing the way the world thinks about online security.
Virgin Islands
Hoody is a game-changing privacy suite that goes beyond VPNs. It offers browsing containers, per-app VPN, Bulletproof Mode, custom settings, anonymous sign-up, zero-log policy, multiple protocols, and Hoody Relays for ultimate anonymity and protection online.
Paris, Ile-de-france, France
Rise Up is owned by Riseup Networks, a US-based tech collective that provides secure communication and networking tools to activists, organizers, and community groups worldwide. Riseup offers a suite of free and open-source communication tools, including email, chat, VPN, and mailing list services, designed to protect the privacy and security of its users. The company is committed to resisting censorship and surveillance, and operates on a collective model that prioritizes democratic decision-making and community ownership. Riseup Networks is headquartered in Seattle, Washington, and is run by a team of volunteers and staff who are passionate about social justice and activism.
West Chester, Pennsylvania, United States
UTunnel provides On-Premise and Cloud VPN solutions to secure business communications and network resources.
Calgary, Alberta, Canada
Provider of information technology consultancy services intended to help customers solve their critical business problems. The company provides connectivity solutions including internet bandwidth, national and international private MPLS connectivity and managed firewall and VPN services, enabling clients to meet all of their connectivity needs.
Palo Alto, California, United States
Developer of a network technology software designed to be used for operating private networks within the Internet. The company's network technology software establishes a virtual private network that communicates to any service via an encrypted peer-to-peer connection, enabling developers to create their own Internet of Things applications.
Latka tracks 18 business VPN software companies with reported revenue. Together they generate $532.5M in annual revenue and employ 3.6K people.
Nord Security is the largest, with $357M in annual revenue.
The average business VPN software company in this list makes $29.6M a year, across 18 companies with reported revenue. They serve 160M customers combined.
Ranked by annual revenue, the leaders are Nord Security, Hola, Aviatrix Systems, OpenVPN Inc. and Hoody Ltd.
The 18 business VPN software companies tracked here have raised $483.4M in disclosed funding between them.
- Must provide secure access to internal networks and data for remote employees - Must offer strong encryption protocols to protect data in transit - Must include user authentication mechanisms to verify access requests - Must have centralized management features for monitoring user activity - Should cater to organizations with at least a partially remote workforce - Not just for consumer-grade use; must serve professional or enterprise-level needs
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