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.
According to the company, money will be used for three things:
1. Build the team, which already has around 100 people.
2. Build new partnerships, indicating a possible deal with the handset manufacturers to pre-install Dolphin Browser HD on some of their products.
3. Expand to other platforms, with the iPhone app already in development.
As competition heats up, it’s just a matter of time before some of the vendors start feeling the heat under their seats.
About (Author Profile)
Vygantas is a former web designer whose projects are used by companies such as AMD, NVIDIA and departed Westood Studios. Being passionate about software, Vygantas began his journalism career back in 2007 when he founded FavBrowser.com. Having said that, he is also an adrenaline junkie who enjoys good books, fitness activities and Forex trading.