Brave Software Raises $4.5M in Seed Round

What does Brave Software do?

Brave Software, is startup which is reinventing the browser as a user platform for privacy, speed and micropayments. The platform focuses on building a faster and safer internet for users. The company focuses on these two things while growing and revenue share for content creators. The company aims at transforming the online advertisement ecosystem with a new revenue sharing solution and micropayments for providing users and publishers a better deal, where safe and fast browsing is the path for a brighter future for the open web. This open source browser is for mobile and desktop which blocks invasive ads and online trackers for providing a faster and safer web experience. It has a built in ad blocker which lowers the page loading time, protects from malware infected ads and improves performance. On the desktop this browser provides a forty to sixty percent speed increase and on mobile devices it provides 2-4 times speed increase. The browser also protects users with leading security and privacy features such as HTTPS Everywhere, phishing protection, fingerprinting shields, script blocking and malware filtering.

How much Brave Software was funded?

The company raised $4.5M on August 1, 2016 from Digital Currency Group, Pantera Capital, Foundation Capital, FF Angel LLC and Propel Venture Partners.

Previous funding

$2.5M on November 17, 2015

What is next for Brave Software?

The company plans on using the latest funding raised for platform development and growth. With this funding the total amount of funding raised by the company amounts to $7 million. The company is partnering with Coinbase and BitGo for providing wallets and buying tools for the Brave Ledger, which is new Bitcoin-based micropayments system.
More about Brave Software

Brave Software was founded by Brendan Eich and Brian Bondy. It has its headquarters in San Francisco, California.