TLDR.Chat

DuckDuckGo Secures $100 Million in Investment for Expansion and Privacy Features

On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last year | TechCrunch 🔗

Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end

DuckDuckGo, the non-tracking search engine, secured over $100 million in secondary investment last year, allowing early employees and investors to cash out while strengthening its financial position. The company, profitable since 2014, reported revenues surpassing $100 million annually and disclosed plans for growth marketing, particularly in Europe. Additionally, it aims to expand its privacy features and products, including an email protection tool and app tracker blocking for Android devices. The company's success reflects the increasing public awareness and demand for online privacy, as well as the broader trend of privacy tech gaining momentum in the mainstream.

Related