Category: Finances

Dolphin Browser Scores $10 Million Investment

By | July 19, 2011 | 8 Comments

With the release of Dolphin 6.0 HD, a WebKit based mobile web browser for Android devices has also received a $10 million investment from the Sequoia Capital.

Launched 15 months ago, Dolphin Browser has now over 4 million monthly active users and grows at a pace of 30,000 new downloads every day. Not bad for an ad supported web browser.

However, with the $10 million investment, things are about to change as the latest version of such web browser is now ads free and no longer requires users to pay $4.99 for the “premium” version.
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RockMelt Receives $30 Million

By | July 6, 2011 | 13 Comments

RockMelt Receives $30 MillionReadies for a heavy marketing.

RockMelt, the social web browser, which is yet to become a success, has received a $30 million funding from the new investors.

LA Times reports that the new investors, Accel Partners and Khosla Ventures, have teamed up with Andreessen Horowitz to lead a round of funding.

What makes it interesting is the fact that two of the RockMelt investors, Marc Andreessen and Jim Breyer, are already on the board of Facebook, creating a stronger bond between companies.

As far as the investment goes, RockMelt’s co-founder said that the money will be used to expand the 40 person team, push some new features and spread the word.

As of today, RockMelt has now raised a total of $40 million in funding.

Weekly Browsers Recap + Bonus Links, May 16th

By | May 16, 2011 | 0 Comments

Weekly Browsers Recap, May 16th

FavBrowser.com

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Opera Software Q1 2011 Financial Results

By | May 11, 2011 | 0 Comments

Opera Software Q1 2011 Financial Results

Today Opera Software has released their financial results for Q1 2011 which include the following:

1Q 2011 Financial highlights

Total revenue (MNOK): 207.3 (1Q11) vs. 151.4 (1Q10)
Profitability, earnings before interest and taxes (MNOK): 41.4 (1Q11) vs 5.4 (1Q10)
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Opera Software Q4 2010 Financial Results

By | February 22, 2011 | 25 Comments

Opera Software Q4 2010 Financial Results

Opera Software has recently announced a pretty strong financial results report.

Here are some of the key figures:
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Weekly Browsers Recap, November 22nd

By | November 22, 2010 | 0 Comments

Weekly Browsers Recap, November 22nd

FavBrowser.com

Microsoft Caught Cheating in the Sunspider Benchmark
Oh boy, here we go again.

Internet Explorer 9 Platform Preview 7 Released
Screams for more performance.
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Mozilla’s 2009 Financial Statement

By | November 19, 2010 | 13 Comments

Mozillas 2009 Financial Statement

34% increase in revenue.

For the calendar year 2009, Mozilla reported revenue of $104 million, up 34% from the year 2008 $78 million.

According to the statement, a whopping 97% of Mozilla’s income comes from the search deals. Unfortunately, company did not disclose the percentage of searches it sends to each search provider.
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Opera Blames Weather

By | November 18, 2010 | 63 Comments

Opera Software Q3 2010 Financial Results

Just when you think you’ve seen it all.

According to the latest Opera Software financial report, company saw a modest desktop users drop over the period of last two quarters.

What could be the reason for this?
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Opera Software Q3 2010 Financial Results

By | November 18, 2010 | 7 Comments

Opera Software Q3 2010 Financial Results

Recently, Opera Software has reported their Q3 2010 financial results.

Revenues continued to increase for the desktop browser, while Internet devices saw a 2% decrease (Q2 vs. Q3).

Opera Mini user base keeps growing while desktop browser lost more users.
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XMarks Shutting Down

By | September 28, 2010 | 0 Comments

http://www.favbrowser.com/images/news.gifFormerly known as FoxMarks, a popular bookmark synchronization service XMarks will shut down on January 10, 2011.

Apparently, over 2 million users were not enough for a company to monetize them. As stated by XMarks co-founder, premium services were also not an option, especially when such features are already available (free of charge) from both, Firefox and Google Chrome developers.

Synchronization services will

Thanks to Geek and Nox for the news tip.