NetNut Overview
NetNut is a business proxy network that enables users to route HTTP/S requests through residential IPs. NetNut's architecture provides residential IPs with one-hop connectivity to the target site.
Latest News
growth-positive
SAFE-T'S WHOLLY OWNED SUBSIDIARY, NETNUT LTD., LAUNCHES A DYNAMIC RESIDENTIAL PROXY NETWORK IN EUROPE AND ASIA
Safe-T Groups subsidiary, NetNut Ltd., has launched its Dynamic Residential Proxy network in Europe and Asia. The new proxy network will provide diverse, reliable, and robust proxy solutions for customers. NetNut plans to expand its offerings to additional territories and release new products in the coming months. The launch of the dynamic residential network in Europe and Asia is part of NetNuts strategy to become a one-stop-shop for all proxy-related business requirements. Safe-T Group provides Zero Trust Access solutions for enterprises secure access needs.
PartnersExpand
https://www.barrons.com/articles/PR-CO-20191212-903418?tesla=y&tesla=y
growth-positive
Safe-T to Acquire NetNut Ltd., a Business Proxy Network Solution Provider
Safe-T Group Ltd. has announced its agreement to acquire NetNut Ltd., a company focused on business proxy network solutions. The acquisition is valued at $9.7 million, to be paid in a combination of equity and cash. Safe-T has also entered into definitive agreements with two U.S. institutional investors for a $6 million convertible loan, primarily to finance the cash portion of the acquisition. NetNut has shown significant revenue growth and has no debts or long-term liabilities. The acquisition will allow Safe-T to offer a cloud-based Software Defined Access service by combining its technology with NetNuts global proxy network services. Safe-T aims to enhance security and control for its customers. The closing of the transaction is subject to shareholder approval and other customary closing conditions.
AcquisitionInvestment
growth-positive
Nasdaq and Tel Aviv-Listed Cyber Company Safe-T Acquires Proxy Network Startup NetNut
Safe-T Group Ltd. has signed an agreement to acquire NetNut Ltd. in a cash and equity deal. Safe-T will pay NetNut shareholders $9.7 million, with $6 million financed through a convertible loan from unspecified U.S. institutional investors. Safe-T offers anti-hacking services to financial institutions and commercial companies, while NetNut provides secure business proxy network services. The acquisition is expected to have a positive impact on Safe-Ts growth.
Acquisition
| Sector | Cyber Security |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | netnut.io/ |
Locations
HaArba'a St 30, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
NetNut Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Cyber SecurityNetwork & Infrastructure SecurityTarget Customer
Enterprise & Professional ServicesCore Technology
Platforms & InterfacesWebTags (7)
campaign-optimizationenterprise-solutionsbrand-protectionnetwork-securitycyber-securityvpnadvertisingGeographic Markets
GlobalNetNut Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
0
Total rounds
0
Investors
Public Offering / Exit
MNAEvent
Apr 2019
$9.7M
NetNut Lifecycle
All Events
MNAEvent
Apr 2019
$9.7M
NetNut News
4 articles
growth-positive
SAFE-T'S WHOLLY OWNED SUBSIDIARY, NETNUT LTD., LAUNCHES A DYNAMIC RESIDENTIAL PROXY NETWORK IN EUROPE AND ASIA
Safe-T Groups subsidiary, NetNut Ltd., has launched its Dynamic Residential Proxy network in Europe and Asia. The new proxy network will provide diverse, reliable, and robust proxy solutions for customers. NetNut plans to expand its offerings to additional territories and release new products in the coming months. The launch of the dynamic residential network in Europe and Asia is part of NetNuts strategy to become a one-stop-shop for all proxy-related business requirements. Safe-T Group provides Zero Trust Access solutions for enterprises secure access needs.
PartnersExpand
https://www.barrons.com/articles/PR-CO-20191212-903418?tesla=y&tesla=y
growth-positive
Safe-T to Acquire NetNut Ltd., a Business Proxy Network Solution Provider
Safe-T Group Ltd. has announced its agreement to acquire NetNut Ltd., a company focused on business proxy network solutions. The acquisition is valued at $9.7 million, to be paid in a combination of equity and cash. Safe-T has also entered into definitive agreements with two U.S. institutional investors for a $6 million convertible loan, primarily to finance the cash portion of the acquisition. NetNut has shown significant revenue growth and has no debts or long-term liabilities. The acquisition will allow Safe-T to offer a cloud-based Software Defined Access service by combining its technology with NetNuts global proxy network services. Safe-T aims to enhance security and control for its customers. The closing of the transaction is subject to shareholder approval and other customary closing conditions.
AcquisitionInvestment
growth-positive
Nasdaq and Tel Aviv-Listed Cyber Company Safe-T Acquires Proxy Network Startup NetNut
Safe-T Group Ltd. has signed an agreement to acquire NetNut Ltd. in a cash and equity deal. Safe-T will pay NetNut shareholders $9.7 million, with $6 million financed through a convertible loan from unspecified U.S. institutional investors. Safe-T offers anti-hacking services to financial institutions and commercial companies, while NetNut provides secure business proxy network services. The acquisition is expected to have a positive impact on Safe-Ts growth.
Acquisition
Employee Info
| Employees (range) | 51-200 |
| Exact count | 125 |
| Team members | 2 |
Similar Companies
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This entity has 5 classification IDs that could be used for matching.
NetNut Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 82/100 |
| Missing | description, not claimed, video or image, funding rounds |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515607232 |
| Crunchbase | netnut |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Orli Wollner |
| Updater email | orlushka@gmail.com |
| Last update | 2020-10-06T00:00:00.000Z |
| Created | 2019-04-11T00:00:00.000Z |
| Status detail | Acquired by Alarum Technologies on Apr, 2019 |