It’s also revealed that its monthly search traffic increased 55% and says market share trackers indicate that it grabbed the No. Its last VC raise was in 2018 when it took in $10 million after being actively pursued by Omers Ventures - who convinced it to take the money to help support growth objectives (especially internationally).ĭDG has a few other metrics to throw around now: Over the last 12 months it said its apps were downloaded over 50 million times - more than in all prior years combined. Hence it not needing to keep dipping into an external investor pot.
So quite the line up.ĭuckDuckGo said the secondary investment allowed some of its early employees and investors to cash out a chunk of their equity while bolstering its financial position.Īlthough it also says its business - which has been profitable since 2014 - is “thriving”, reporting that revenues are now running at more than $100 million a year. Its blog post name-checks Omers Ventures, Thrive, GP Bullhound, Impact America Fund and WhatsApp founder Brian Acton inventor of the world wide web Tim Berners-Lee VC and diversity activist Freada Kapor Klein and entrepreneur Mitch Kapor as being among the participating investors.
To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in “mainly secondary investment” - from a mix of existing and new investors.
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