Minds + Machines investor TLDH raises $4M for new ICANN top-level domains
Jul 28th, 2009
Top Level Domain Holdings, Ltd., a major shareholder in Minds + Machines, today announced that it has raised 2.5M pounds (approximately US$4.1M) in a private placement.
TLDH is a publicly-traded company listed under the ticker symbol TLDH.L on the London Stock Exchange’s AIM Market.
TLDH is the only public company focused exclusively on new top-level domains. The London Stock Exchange’s AIM market is available to U.S. investors through major brokerage houses such as E*Trade and Schwab.
In addition to providing capital for growth for Minds + Machines, TLDH will use the new funds to invest in new top-level domains and as a reserve fund for eventual auctions at ICANN in case of contending applications.
[...] [via Minds + Machines] [...]
Sometimes I wonder if the only good business with new TLDs is the one *before* it goes (or not) live … Anyway, congrats !