Startups who want to build something where they need a subscription model, they need accounts, it’s all done, it’s all integrated in our API… In five minutes somebody could buid a VPN product, based on our network,” he says. ![]() “A lot of projects we expect in this program need an access through a VPN so this part is already done - people can just use that. Knapp notes that CyberGhost’s VPN tech is based on an API - meaning it can offer startups participating in the bootcamp an anonymous foundation to underpin their pro-privacy idea. ![]() So we are able to build maybe some unicorns here in Europe. “For the first time in history we have an advantage towards American companies… Cyber security and the United States of American is simply a no-go. “The European Union is overall a good place for privacy-related projects, companies,” he adds, discussing the thinking behind setting up a dedicated accelerator for privacy. And it’s the first time that there is an accelerator also in Bucharest that is first run by a company… I would be happy, seriously, if find one - just one that is killer,” says CyberGhost CEO and co-founder Rob Knapp. “We don’t have too many expectations, it’s the first time we’re doing this. Selected startups will work out of its offices (pictured above) in Bucharest. The criteria for entry to the program can be found here.Ĭyber security and the USA is simply a no-go. It has a total pot of €100,000 to go towards the first intake (funded by CyberGhost’s own profits). So while both these bootcamps might talk about security, only CyberGhost’s can be said to be pro-privacy.ĬyberGhost says it will be investing up to €25,000 ($27,000) in selected teams for its bootcamp, taking an equity stake of around 5% - the exact stake will be negotiated per team. government security agencies - perhaps with its eye on taxpayer cash available for tech suppliers working with these same agencies - CyberGhost is pushing its accelerator in the opposite direction, looking to build businesses based on serving web users who want to safeguard their privacy online in the face of mass surveillance and user-tracking activity which spans (and links) the public and private sector. Where London’s CyLon incubator appears to have a cosy relationship with U.K. ![]() Now Europe is getting a pro-privacy bootcamp program, with bootstrapped Romania-based VPN startup CyberGhost this week kicking off a search for startups wanting support to build privacy tech. Earlier this year a London-based cyber security incubator called CyLon opened its doors.
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