Mozilla’s doing fine, actually

© Mozilla Corp.

The recently published “State of Mozilla” annual report reveals that Mozilla Corporation, the for-profit arm of the Mozilla organization, generated 585 million USD in 2021 thanks to its search partnerships, subscriptions and ad revenue. This represents a 25% increase year-over-year. New products such as Mozilla VPN, Pocket, and Mozilla Developer Network Plus account for 57 million USD in income, which is 125% more than last year.

TechCrunch met with Mitchell Baker, the company’s CEO, chief product officer Steve Teixeira, who recently joined Mozilla after leaving Twitter, and Mark Surman, executive director of the Mozilla Foundation. They explained that Mozilla’s attempts to diversify are bearing fruit, and that there’s untapped potential in security products, which only accounted for 4 million USD in 2021.

Another growth lever might be Mozilla Ventures, a 35 million USD venture fund, which will launch next year. The organization plans to use it to invest in its public-interest projects whose values line up with Mozilla’s.

⇨ TechCrunch, Frederic Lardinois, “Mozilla looks to its next chapter.”

2022-11-18