We were looking for a synonym for "simple" and one of the suggestions was "piece of cake" and we said "It's a piece of cake VPN" and came up with CakeVPN for short. A few days and a dozen or so names later, we brought up CakeVPN again and realized how well it stuck in our minds even after dismissing it as a somewhat joke name, so we decided to go with it. The slogan is a play on the old proverb "Have one's cake and eat it too" which, as the Wiki article states, refers to "having it both ways" which in our case means simple and secure.
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