1/1/2024 0 Comments Atlas vpn wikiOn October 13, 2013, Facebook bought Onavo for approximately $120 million. Onavo's sale to Facebook is one of the top exits for Magma Venture Partners and other Israeli venture capital firms. The second was a Series B investment of $13 million from Magma Ventures, Sequoia Capital, and Horizons Ventures. Onavo had two rounds of funding: the first was a Series A investment for $3 million from Magma Venture Partners and Sequoia Capital in May 2011. Onavo was founded in 2010 by Roi Tiger and Guy Rosen. In February 2019, in response to criticism over a Facebook market research program employing similar techniques (including, in particular, being targeted towards teens), Onavo announced that it would sunset the Android version of Protect as well. In August 2018, Facebook pulled Onavo Protect from the iOS App Store due to violations of Apple's policy forbidding apps from collecting data on the usage of other apps. Since the acquisition, Onavo was frequently classified as being spyware, as the VPN was used to monetize application usage data collected within an allegedly privacy-focused environment. This influenced Facebook to make various business decisions, including its 2014 acquisition of WhatsApp. In October 2013, Onavo was acquired by Facebook, which used Onavo's analytics platform to monitor competitors. Guy Rosen and Roi Tiger founded Onavo in 2010. The company primarily performed its activities via consumer mobile apps, including the virtual private network (VPN) service Onavo Protect, which analysed web traffic sent through the VPN to provide statistics on the usage of other apps. Onavo was an Israeli mobile web analytics company owned by Meta Platforms.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |