DomainsBot, the world leader in the semantic domain search market, announced today that it has completed a minority investment from Sedo, the leading marketplace for buying and selling Internet domain names and websites.
Sedo's investment will reinforce and sustain the rapid growth of DomainsBot, providing added value to its current and future partners, including GoDaddy, Register.com, 1&1 and Tucows. DomainsBot will expand its emphasis on innovative domain name technologies, including multi-language name suggestion, domain search technology and domain analysis systems.
"With the chance to join DomainsBot as a financial partner, we view this as a solid investment opportunity for both Sedo, and the domain industry," said Tim Schumacher, CEO of Sedo. "DomainsBot has demonstrated a great ability to provide innovative and effective solutions to the domain market as an independent and neutral player, and our intention is to financially sustain its independent growth."
Emiliano Pasqualetti, CEO of DomainsBot, said: "The Sedo partnership will help us continue to grow and provide cutting edge solutions to our partners. Sedo has already proven to be a supportive partner and financial backer."
DomainsBot management will not change and will continue to operate from the company's headquarters in Rome, Italy. Sedo will not take a board seat at DomainsBot and will not have a management role.
See related topics: DNS, Domain Names
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