Brave Software Raises $4.5M in Seed Funding

Funding Rounds

Summary

Brave Software, a San Francisco, CA-based browser as a user platform for speed, privacy, and micropayments, raised $4.5m in seed funding.Led by Brendan Eich and Brian Bondy, Brave is a new open source browser for desktop and mobile that blocks invasive ads and online trackers, reduces page loading time, and guards from ads infected with malware.It protects users with privacy and security features such as HTTPS Everywhere (encrypted data traffic), fingerprinting shields, phishing protection, malware filtering, and script blocking.The company is partnering with BitGo and Coinbase to provide wallets and purchasing tools for the Brave Ledger, a new Bitcoin-based micropayments system that automatically and anonymously pays users’ favorite websites.Brave is available for download (https://brave.com/downloads.html) for mobile devices (iOS and Android), as well as the following desktop platforms: MacOS, Windows (32 bit and 64 bit), and Linux (Debian, Ubuntu, Fedora, OpenSUSE).

$ Funding

$
Amount $4.5M Total raised
Date August 1, 2016 Announcement date
Investors Rising Tide Fund, Propel Venture Partners, E-Merge, Digital Currency Group, Abstract Ventures, Founders Fund, DHVC, Foundation Capital, Pantera Capital Lead investors
Company http://www.brave.com Funded company

Classifications

industries
No industries detected
applications
Anti Piracy

AskAI Classifications

Labels
Consumer Software Web Browsers Search Engine Software

Linked Companies

Brave Software
$10M to $25M