Ada (.Support) Has Raised Over $60m in Funding

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Whenever I see a TechCrunch tweet mentioning a large fundraising round for a company with a short and/or generic-ish brand name, I immediately focus on the domain name used by the company. This morning, TechCrunch published an article about a company called Ada, which announced a $44 million Series B funding round:

Radix Shares 2019 Revenue Report

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Radix is set to publish a press release this morning highlighting its revenue from 2019. Radix operates ten new gTLD extensions, including .Store, .Online, .Tech, .Website, and .Host among others. In January of this year, Radix shared a report covering its revenue for the second half of 2019. Today’s report contains details and date from the full year.

Here are five highlights from the report that were shared with me by a representative from the company:

City of New York: Promotes BillyNeverIdles.nyc

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In a tweet sent yesterday afternoon and shared with me by a couple of different people, New York City’s official Twitter account shared a link to a humorous website that is utilizing a .NYC domain name: BillyNeverIdles.NYC. It’s a pun based off the name of musician Billy Idol, and the campaign stars Billy Idol:

ILove.Gay – First .Gay Website Goes Online

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The first .Gay website went online this week, according to an email I received from the .Gay registry, Top Level Design. ILove.Gay was launched this week by Pink Media, becoming the first .Gay domain name website to launch. The registry also published blog post with details about this website and information about .Gay:

Voting.NYC Used by New York City

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The .NYC registry management team retweeted a tweet from New York City Mayor Bill de Blasio who was encouraging people to visit a city website for more information about registering to vote. The tweet was off interest to me because the website the Mayor referenced is found on a .NYC domain name – Voting.NYC:

The Half Billion Domain Auction Business You Don’t Know About

Adam Yamada-Hanff shared a link with me to a My First Million podcast featuring someone who has been active in the business of domain names but I had never heard about him or his business before. I embedded the podcast at the bottom of this article.

Sheel Mohnot runs a company called Innovative Auctions, and according to his reporting on the podcast, the company sold more than half a billion dollars worth of Internet real estate. You may be scratching your head a bit, as did I, but the company was responsible for many of the auctions involving the new gTLD domain name extensions. Many of the new gTLD contention sets participated in the ascending clock second price auctions managed by Sheel’s company. According to the podcast, the top couple of auctions went for over $100 million, although the extensions and amounts were not shared.

Here’s a description of the podcast found at the Listen Notes website: