29 May '15, 3am

Co. Invests €350000 to “Disrupt Domain Industry”: 50 Million ... - (news)

According to a press release out today, Axivate Capital a VC firm has “invested €350,000 to disrupt domain industry in “Undeveloped.com , a domain marketplace Undeveloped , says they have “crawled and indexed over 50 million registered but unused domain names. ” Undeveloped’s co-founder and CEO Reza Sardeha is quoted as saying: “”With over 288 million registered domains finally everyone has access to these “hidden” domains. Undeveloped is changing the domain industry by making the buying and selling of domains transparent, easy to use and secure. Before today, unused domain names were scattered across the web, making finding the right name both time-consuming and frustrating. With Undeveloped’s new service, over 50 million unused domain names are now searchable and accessible to buyers making it easy to connect with domain owners, start a conversation and close transaction...

Full article: https://www.thedomains.com/2015/05/28/co-invests-e350000-...

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