Mozilla drops $3m on new company to develop Thunderbird

Mozilla announced plans this week to sink $3 million into a new Mozilla Foundation project designed to enhance the Thunderbird mail client. Early reports indicate that the as-yet-unnamed newly formed company will focus on positioning Thunderbird for use in Internet communications, including Web-based email, IM, and SMS.

The new organization, code-named MailCo, will be headed up by longtime Mozilla community member and CTO of ActiveState, David Ascher. Along with Mozilla Foundation chair Mitchell Baker, he will lead a new development team that is "dedicated to developing, innovating, and improving Internet mail and communication software," using Thunderbird as a starting point.