Privado Networks AG

PrivadoVPN launched in April 2019 under Privado Networks AG, based in Zug, Switzerland. It started as an enterprise product before opening to consumers that December with a free tier. It is one of the few VPNs still owned by its founders rather than a holding company, and it operates under Swiss privacy law with a stated zero-logging policy.

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hide.me is a VPN service run since 2011 by eVenture Ltd., registered in Labuan, Malaysia. It was an early adopter of IKEv2 and WireGuard and offers a free tier alongside paid plans. The Malaysian jurisdiction is the point worth weighing: the company is transparent about its team and audits, but Malaysia has weaker data protection than the European bases most privacy-first rivals choose.