Aura, a technology company dedicated to simplifying digital security for consumers, announced the acquisition of Pango, a privacy and security company with a premium subscription service that expands Aura’s offerings to provide even greater identity protection and security for customers. Aura’s vision is to become the premier unified security suite that protects consumers and families with the most comprehensive, data-driven products. By unifying leading privacy, identity, and security products, Aura will provide all-in-one protection for consumers.
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The addition of Pango bolsters Aura’s security suite by bringing together world-class products, including Hotspot Shield, which was awarded “World’s Fastest VPN,” according to Ookla’s Speedtest.net. Hotspot Shield uses military-grade encryption and security protocols to help keep people safe from hackers and scams.
“The momentum Aura is building with the acquisition of Pango uniquely positions our business to continue scaling as we integrate exceptional products that provide a digital halo of protection for consumers. Privacy and security are more important than ever and Aura aims to be the simple holistic solution,” said Hari Ravichandran, founder and CEO of Aura. “The combined global business is profitable with well over $200 million revenue and a talented team of more than 450 all-stars committed to ensuring that our millions of subscribers have the most advanced technology to protect themselves and their loved ones.”
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This acquisition complements Aura’s leading security product Identity Guard, which offers comprehensive identity theft protection using artificial intelligence to monitor threats and provides near real-time alert for customers. The combined entity creates a more robust offering that enriches Aura’s product suite and expands go-to-market funnels through increased speed to market and improved cross-sell offerings.
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