Investors Go Wild for Donuts (the Domain Name Registry)
June 6, 2012
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A sweet-toothed group of investors led by Austin Ventures has shown its love for Donuts, to the tune of $100 million in financing. When it comes to internet naming, the domain registry startup is well-versed in the benefits of variety and choice—excellent for addresses and baked goods alike. Donuts distributes via domain name retailers like GoDaddy, originally filed 307 applications for new top-level domains, and currently owns and operates almost 200 of those TLDs (a list of which can be found here). In other Donuts news, the company obtained a revolving credit facility from Comerica Bank and Square1 Bank in the first quarter of 2015 for a total of $60 million.
