Kape Technologies PLC Kape Expands its Distribution to SMBs & WFH Sector

TIDMKAPE

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) 
    Toby Gibbs / Mark Percy / James Thomas /         [phone] 
    Iain Sexton                                       4090 
   Stifel Nicolaus Europe Limited (Joint Broker) 
    Alex Price / Brad Topchik / Alain Dobkin         [phone] 
    / Richard Short                                   7600 
   Vigo Consulting (Financial Public Relations) 
    Jeremy Garcia / Kendall Hill                     [phone] 
    [e-mail]                           0237 
 

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

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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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November 15, 2022 02:00 ET (07:00 GMT)