DuckDuckGo draws $100M from Internet pioneers, but don’t expect a fancy HQ | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

DuckDuckGo draws $100M from Internet pioneers, but don’t expect a fancy HQ

DuckDuckGo, the Paoli-based search engine that vows not to track users or sell their data, is preparing to launch a full-scale desktop browser, among other products, now that a squad of internet pioneers has bet $100 million on its success.

Founder Gabriel Weinberg started the firm in 2008 with capital raised by the sale of the social-media firm he ran as an MIT student. DuckDuckGo has grown to 129 employees, many of them software developers who work remotely, away from the company’s modest headquarters in a rowhouse-sized office building on Paoli Pike, a block from an Amtrak-SEPTA station.

As a private firm, DuckDuckGo doesn’t publish financials. But last week Weinberg posted online a brief report: The company “has been profitable since 2014 and today our revenue [from site advertising sales] exceeds $100 million a year, giving us the financial resources to continue growing rapidly.”

According to the StatCounter tracking service, DuckDuckGo was the No. 2 mobile search engine in the U.S., after Google, over the 12-month period that ended May 31. It’s a distant second place, with 2.2% of the U.S. market, vs. a commanding 94% for Google. But that’s still many millions of searches. And DuckDuckGo is now ahead of Yahoo!, Microsoft’s Bing, and other engines run by much larger companies.

DuckDuckGo has a still smaller share of the desktop search market, which it will tackle directly with its new browser. Weinberg says the company trails only Google in mobile searches in Canada, Australia and the Netherlands.

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