The Browser Company Secures $50 Million in Funding, Valued at $550 Million
The Browser Company, which makes the Arc browser, has raised $50 million in a round led by Pace Capital at a $550 million valuation, TechCrunch has learned exclusively.
However, in January, the company released the Arc Search app on iOS, focusing on putting AI-powered search at its center.
This is ingrained in the DNA of The Browser Company.
Paul Frazee, who built a decentralized browser called Beaker, said that scaling a browser product is hard as people are set in their way and making them switch is tough.
The Browser Company has a big ambition to build an “internet computer” for users.
