With Firefox Quantum, Mozilla has for the first time in history presented a major overhaul of its in-house browser. Now it’s been announced: Mozilla has been financing Quantum for record sales of $ 520 million in 2016.
Recently, Mozilla’s Firefox Quantum has completely redesigned its in-house browser. The version 57 , released in November 2017, is running much faster than its predecessor and is intended to win over users with the improved performance, or at least keep them from migrating to the competition.
Record sales of $ 520 million in 2016
For Mozilla, the overhaul of the open source browser – as the online magazine cnetreports – the record sales of $ 520 million in 2016 made possible. Mozilla’s revenue generated from donations and partnerships with search engines such as Google, Yahoo, DuckDuckGo, and Baidu grew 24 percent year-over-year, while spending at $ 361 million was only about ten percent higher than in 2015.
Mozilla took advantage of the generated profits to move forward in the fight against the competition, after the company had been in a severe crisis between 2013 and 2015 – CEO Chris Beard admitted in an interview that he feared Mozilla would do not survive much longer. Meanwhile, Mozilla sits according to their own information but again solid in the saddle and recorded about 100 million users daily.
Firefox Quantum as a bulwark of net neutrality
With the Firefox Quantum, Mozilla continues to pursue the goal of enforcing encryption standards and fighting for net neutrality. This also means fighting against tools like Chrome or formerly Microsoft’s Internet Explorer, which would jeopardize net neutrality with a quasi-monopoly, since content and features might then only be developed and optimized for those browsers.
Mozilla is committed to “ensuring that the Internet is a global public resource accessible to all” and “to keep the Internet alive and accessible so that people around the world can contribute to the Web and create it “.
In the near future, Denelle Dixon, Chief Legal and Business Officer at Mozilla, was confident. She told cnet:
“We trust in the future of Mozilla and have structured our business relationships to position ourselves for continued growth and success.”