The Signal Technology Foundation, commonly known as the Signal Foundation, is an American non-profit organization founded in 2018 by Moxie Marlinspike and Brian Acton. Its mission is "to develop open-source privacy technology that protects free expression and enables secure global communication." Its subsidiary, Signal Messenger LLC, is responsible for the development of the Signal messaging app and the Signal Protocol. On February 21, 2018, Moxie Marlinspike and WhatsApp co-founder Brian Acton announced the formation of the Signal Foundation, a 501(c)(3) nonprofit organization. The foundation was started with an initial $50 million loan from Acton, who had left WhatsApp's parent company, Facebook, in September 2017. The Freedom of the Press Foundation had previously served as the Signal project's fiscal sponsor and continued to accept donations on behalf of the project while the foundation's non-profit status was pending. By the end of 2018, the loan had increased to $105,000,400, which is due to be repaid on February 28, 2068. The loan is unsecured and at 0% interest. More information...
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