Domain Holdings raises $2.9M in Venture Capital Funding led by Valhalla Partners, Debuts Retooled Domain Development Platform
Domain Holdings, an industry leader in domain lifecycle management and monetization, announced that it has launched its retooled domain development platform – DomainPower – on the heels of a $2.9 million Series A venture capital funding round from Valhalla Partners, WWC Capital and BrokersWeb Inc. Founder and CEO Matias De Tezanos, as well as other angel investors.
The newly launched platform is a complete rewrite of its predecessor Rapid Domain Builder, initially launched in November 2010. The rebranded DomainPower keeps its original intent as a turnkey solution for domain owners, offering vertical-specific frameworks for quick SEO-ready website development, site enhancement plug-ins and multiple revenue opportunities, all managed in one location.
“We are excited to come out of stealth mode with a new look to our award-winning platform,” Domain Holdings CEO Jason Boshoff said. “This gives users a powerful domain management and monetization solution that can help identify the overall status of a domain portfolio, recognize growth opportunities and, overall, offers easy management.”
The redesign’s primary focus was a new user interface, developing a larger selection of vertical-specific frameworks and adding domain portfolio management solutions. The newly launched UI features an upgraded dashboard, sortable by individual domain performance or a full portfolio performance overview, with real-time updates of site and portfolio statistics. Updates include revenue, traffic, traffic sources, keywords and other site vitals integral to the growth, health and maintenance of domains.
The funds raised will go to continued technological development for the DomainPower platform, including research and development of new revenue models for site users, as well as adding resources to optimize, analyze and help increase yield and domain value.
About Domain Holdings
Domain Holdings, a full-service domain lifecycle management company, is an industry leader in the acquisition, development, management and monetization of domain portfolios and premium web properties. The company was co-founded by Chad Folkening, a longtime domain industry veteran, and John Ferber, co-founder of Advertising.com which was acquired by AOL for approximately $500 million in 2004, and whose collective online products and services have grossed more than $3 billion since 1996. DomainPower is a comprehensive monetization and domain development platform, providing domain owners with a rev-share enhancement and website development solution.
About Valhalla Partners
Valhalla Partners is a partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm’s management team has made more than 120 investments over the past twenty years and produced over $1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge and fundamentally change the dynamics of new and existing markets. Investments by Valhalla’s team include Advertising.com, CareerBuilder.com, Clarify, EnterpriseDB, Epicor, Exchange Solutions, JumpTap, LeftHand Networks, Mobius, NextLink, Nirvanix, Progress Software, Proxicom, RealOps, Register.com, Riverbed Technologies, SafeNet, SEPATON, ServiceBench, SolidFire, TidalTV, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.
For more information, go to www.valhallapartners.com.
About WWC Capital
WWC Capital is an investment banking and private equity firm dedicated to serving middle market companies in need of capital or advisory services. WWC has deep experience in the technology, government services, and new media sectors. Our professionals have extensive advisory and transaction experience in operating companies, investment banks and professional services firms. WWC principals have completed over 325 transactions totaling over $15 billion in value. WWC Capital is based in Reston, Virginia.
For more information, go to www.wwccapital.com.