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Mozilla is launching a new initiative, currently code-named MailCo, to create a better email system for the Internet.
This new project has received $3 million in seed funding from Mozilla, and will be headed by Dr. David Ascher, who's currently the CTO and VP of Engineering at ActiveState, and is a recognized leader in the open-source community. Built on Thunderbird, the new initiative also serves to spur development from the open-source community. As a subsidiary of the Mozilla foundation, MailCo goes along with all of Mozilla's other objectives.