Alt-browser startup raises $100M

On Feb 1, 2022, Bloomberg ran a piece of news about a cybersecurity startup seed fundraising USD100M. This number is huge for a company without any proven record of sales.

What led to such impressive, quick success then? After all, we are not talking about booming industries such as blockchain, NFT or AI related projects. This is a company proposing to do something related to very traditional and legacy software, a software that was in fact invented at the same time as the Internet. Your browser!