Bitcoin News Today: Internxt Hits €40M Valuation With 100% YoY Growth and Post-Quantum Encryption Lead

Fran Villalba Segarra, founder and CEO of Internxt, is spearheading a digital transformation focused on restoring privacy and control in an increasingly data-driven world. Through the company’s suite of web-3 privacy-first tools—including cloud storage, email, antivirus, and a zero-knowledge encrypted platform—Internxt aims to offer an alternative to major tech companies that have been criticized for their data collection and monetization practices [1]. Villalba Segarra, a Forbes 30 Under 30 2024 honoree, recently discussed the company’s mission and growth during an appearance on the Bitcoin.com News Podcast [1].

Founded in 2020, Internxt has experienced rapid and sustained growth, achieving a valuation of over €40 million and serving more than a million users. The company has maintained a 100% year-over-year growth rate since its inception [1]. This expansion is driven by a clear vision: to provide end-to-end encrypted solutions that ensure user data remains private and secure. Villalba Segarra emphasized that the impetus for Internxt came from his personal experience with a data breach, which underscored the urgent need for stronger privacy protections in the digital age [1].

One of the company’s most notable advancements is its adoption of post-quantum encryption—a first for a cloud provider—offering enhanced security against emerging threats [1]. This aligns with Internxt’s “trustless” philosophy, where users retain complete control over their data without reliance on third-party verification. Internxt’s services are built on a zero-knowledge model, meaning the company cannot access or sell user data, a critical differentiator in the privacy space [1].

The company’s crypto strategy also reflects its commitment to decentralization. Internxt accepts nearly all cryptocurrencies through its partnership with Coingate, converting payments into Bitcoin to build a reserve. Villalba Segarra highlighted the advantages of being an EU-based company, particularly the robust privacy protections under the GDPR, which he argues are stronger than those in other regions like the U.S. or Switzerland [1].

Looking forward, Internxt plans to expand its product offerings to include subscriptions for individuals, families, and businesses, with lifetime plans bundling services like VPN, antivirus, and upcoming features such as Internxt Meet and Internxt Mail [1]. These developments aim to create a comprehensive alternative to traditional tech giants, offering a user-friendly, privacy-focused digital ecosystem.

Villalba Segarra encourages users to test Internxt’s services, offering a free 1 GB plan and promotional deals available through Coingate [1]. By combining strong privacy features with accessible and affordable plans, Internxt is positioning itself as a formidable player in the growing privacy-first market [1].

Source: [1] Privacy Revolution: The Internxt Journey With Founder and CEO Fran Villalba Segarra, (https://news.bitcoin.com/privacy-revolution-the-internxt-journey-with-founder-and-ceo-fran-villalba-segarra/) [2] Revolución de la Privacidad: El Viaje de Internxt, (https://news.bitcoin.com/es/revolucion-de-la-privacidad-el-viaje-de-internxt-con-el-fundador-y-ceo-fran-villalba-segarra/)