Internet Marketing Journal

Internet Marketing

Subscribe to Internet Marketing: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Internet Marketing: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn

Internet Marketing Authors: Elizabeth White, Melih Oztalay, John Khan, Carmen Gonzalez, Neil McNulty

Related Topics: Internet Marketing, SOA & WOA Magazine, Startup Journal, Venture Capital


Start-Up Raises $100 Million-Plus A Round

Donuts Inc. says it’s raised money to become a registry for generic top-level domains (gTLDs)

A start-up called Donuts Inc. says it's raised more than $100 million in A round funding for the dubious purpose of becoming a registry for generic top-level domains (gTLDs) say like, maybe, .restaurant, .cleaning or .doctor that will be sold through other registrars like GoDaddy.

Austin Ventures led the round with Adams Street Partners, Emergence Capital, TL Ventures, Generation Partners and Stahurricane (Donut founder Paul Stahura's very own venture fund) participating.

Stahura says he can get more money if necessary. The company has also arranged a line of credit.

Donut says it's put in 307 applications for new unidentified generic top-level domains (TLDs) in various character sets like probably Arabic and Chinese. It claims more specific domain names are needed for products and services and reckons "finding a usable Internet address is a real problem. There are more than 125 million total names in the top five TLDs, with three-fourths of them in .COM alone."

Donuts will be using Demand Media subsidiary Demand Media Europe Ltd as its registry services provider. Stahura was president and chief strategy officer at Demand Media.

ICANN is supposed to identify applicants and the TLDs each is applying for on June 13. They cost $185,000 plus $25,000 a year to maintain. Google has already said it want .lol.

Donuts itself is using the extension .co.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at) or paperboy(at), and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.