DuckDuckGo Raises $10M Funding from Omers Ventures

duckduckgoDuckDuckGo, a Paoli, Pennsylvania-based internet search engine that protects web searchers’ privacy, raised a funding round from Omers Ventures.

The deal reportedly amounted to approx. $10m.

The company intends to use the funds to continue to grow internationally, including in Canada, and expand its privacy and security offerings.

Led by founder Gabriel Weinberg, DuckDuckGo is a provider of search engine technologies that are designed to protect a user’s online activity from external parties. The engine itself does not track a user’s search history and thus does not (and cannot) exploit a user’s historical online behavior for direct advertising or third-party monetization.

Recently, the company expanded its privacy services, adding a mobile browser and desktop browser extension to their product mix, which include built-in tracker blocking and smarter encryption.

FinSMEs

29/08/2018

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