28 Jan '16, 11pm

in a "Mid Five Figure" Deal

Up until recently, a company called Drawbridge has been using the "Domain Hack" drawbrid.ge to host their main website. This week, it has been confirmed that they have acquired the domain name Drawbridge.com in a private transaction. The company, which allows brands to have "seamless conversations with consumers", was founded in 2010 by a former Google employee. Since then, they have gone on to receive investment of over $20m in two separate rounds, lead by Sequoia Capital. However, up until very recently, the brand has been based around a ".ge" domain name - the ccTLD for Georgia. Drawbridge.com was acquired from an American individual who had owned the domain since 1995. The sale was confirmed to me today. A price wasn't disclosed, but the previous owner did confirm that the sales price was "a bit over mid five figures". In a recent interview I conducted with angel inves...

Full article: https://www.namepros.com/blog/drawbridge-acquires-drawbri...

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