Microsoft has many excellent domain names in its portfolio, and the company rarely sells its domain name assets. Yesterday, Jamie Zoch noticed that Rapt.com appears to have been sold by Microsoft.
Microsoft appears to have sold the #domain name Rapt(.)com according to whois records. Domain transferred to GoDaddy and redirects to FLXBio(.)com currently, which has $139M in funding according to Crunchbase.
— Jamie Zoch (@DotWeekly) May 20, 2019
Rapt.com had been publicly registered to Microsoft (at MarkMonitor), and the domain name recently transferred to GoDaddy where it is now privately registered. A Whois search at DomainTools shows the domain name transfer likely took place last week. Microsoft had acquired the Rapt.com domain name when it acquired a company called Rapt Technologies, in a deal announced in 2008.
If you visit Rapt.com right now, you can see the domain name is forwarding to the website for FLX Bio, Inc. Although there is nothing about Rapt on the company’s website, a search of the USPTO website shows a trademark filing has been made by FLX Bio, Inc. involving the word “Rapt.” I reached out to the company yesterday morning to see if it could comment about the domain name, but I have not yet heard back.
I reached out to Microsoft’s media team yesterday to ask about the sale, and they told me they would look into my questions. I have not heard back yet.
Ordinarily, I would have assumed this was a private deal and I would have guessed the price was well into the six figures. Well, I would have been wrong. In fact, I started writing this article yesterday and put it on pause while waiting to hear back from Microsoft. Here’s what I was going to publish:
“Assuming Microsoft sold Rapt.com, my guess is that this was a substantial, six figure transaction. Rapt.com is a great domain name, and I do not see a record of it being listed for sale in the past. As such, the company would have had to make a very strong offer to entice Microsoft to part ways with the domain name. Of course, there is the possibility that there is more than cash to a potential deal (ie stock, convertible note…etc.) for the domain name.”
I don’t like quoting myself, but that was my draft, and it all seems silly now because Sedo just released its weekly sales report. Rapt.com was the highest sale of the week… for $25,000.
What a deal.