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RCS - Kape Technologies - Kape Expands its Distribution to SMBs & WFH Sector

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RNS Number : 3645G  Kape Technologies PLC  15 November 2022

15 November 2022

 

Kape Technologies plc

("Kape," the "Group" or the "Company")

 

Kape Expands its Distribution to SMBs and the "Work from Home" Sector

 

Kape (AIM: KAPE), the digital security and privacy software business,
announces a new partnership with Remote, a market leader in global employment
and payroll solutions for remote employees and contractors.

 

Under the agreement, Remote will provide its global customer base with access
to ExpressVPN and Private Internet Access, Kape's industry-leading VPN brands,
via the Remote Partner Marketplace, an ecosystem of featured partners curated
to support Remote's mission to open the world of work for every person,
business, and country.

 

Through this partnership, global remote workers, contractors and businesses
will be able to access greater privacy protection thanks to ExpressVPN and
Private Internet Access, allowing for data safety and peace from digital
prying eyes.

 

Shirona Partem, VP Corporate Development at Kape, commented:

 

"Remote and globally dispersed teams have become the norm in working culture
today. But the rise of this approach has coincided with a growth in digital
security and privacy risks. As a result, it's never been more critical for
people to have strong digital privacy and security systems in place.

 

Thanks to our new partnership with Remote, we look forward to empowering tens
of thousands of people to embrace their right to privacy online, and help
address the digital privacy challenges they have."

 

Jeanne Ahn, Director & Head of Partnerships at Remote, commented:

 

"Globally distributed teams are faced with unique digital privacy and security
challenges. ExpressVPN and Private Internet Access offer another layer of
protection for remote workers to secure their data - and the data of their
employers - wherever they happen to work, and we're excited to make this
offering available to our customers in the Remote Partner Marketplace."

Enquiries:

    Kape Technologies plc                                           via Vigo Consulting

    Ido Erlichman, Chief Executive Officer

    Oded Baskind, Chief Financial Officer
    Shore Capital (Nominated Adviser & Broker)                     +44 (0)20 7408 4090

    Toby Gibbs / Mark Percy / James Thomas / Iain Sexton
    Stifel Nicolaus Europe Limited (Joint Broker)                  +44 (0) 20 7710 7600

    Alex Price / Brad Topchik / Alain Dobkin / Richard Short
    Vigo Consulting (Financial Public Relations)                   +44 (0)20 7390 0237

    Jeremy Garcia / Kendall Hill

    kape@vigoconsulting.com (mailto:kape@vigoconsulting.com)

 

About Kape

Kape is a leading 'privacy-first' digital security software provider to
consumers. Through its range of privacy and security products, Kape focuses on
protecting consumers and their personal data as they go about their daily
digital lives.

 

Kape has over 7 million paying subscribers, supported by a team of over 1000
people across ten locations worldwide. Kape has a proven track record of
revenue and EBITDA growth, underpinned by a strong business model which
leverages our digital marketing expertise.

 

Through its subscription-based platform, Kape has fast established a highly
scalable SaaS-based operating model, geared towards capitalising on the vast
global consumer digital privacy market.

 

www.kape.com (http://www.kape.com)

 

Twitter (https://twitter.com/Kape_com)    LinkedIn
(https://www.linkedin.com/company/kape-technologies)

 

About Remote

Talent is everywhere - opportunity is not. Remote closes the gap by enabling
employers to hire anyone from anywhere, providing access to opportunity so
people everywhere can build better lives. Remote helps companies become global
powerhouses by expanding their access to talent beyond their borders.
Thousands of businesses rely on Remote's modern platform and legal, financial,
and cultural expertise to onboard, pay, and manage employees and contractors
in 150+ countries. Remote was founded in 2019 by Job van der Voort and Marcelo
Lebre, and is backed by leading investors including SoftBank Vision Fund 2,
Accel, Sequoia, Index Ventures, Two Sigma Ventures, General Catalyst and B
Capital.

 

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