Netscape Communications Corporation developed the first graphical web browser, called Netscape Navigator, released in 1994. This browser revolutionized the way users interacted with the internet by allowing them to view web pages that included images, graphics, and multimedia content in an intuitive manner. The success of Netscape Navigator popularized the web and paved the way for the development of future web browsers, enhancing the growth of the World Wide Web and transforming online experiences for users.