# Adept Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adept-cloud

- Industry: IT Infrastructure
- Headquarters: San Mateo, US
- Website: www.adeptcloud.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Nov 1, 2012)
- Investors on record: 1

## About

Adept Cloud, Inc. specializes in domain name acquisition services, offering high-value domain names for purchase or lease to facilitate online presence for businesses and individuals.Adept Cloud, Inc. provides domain acquisition services that allow clients to buy or lease premium domain names. The company is headquartered in San Mateo, US. Founded by Aaron Nathan, it has undergone strategic shifts to focus on domain services. The latest funding round was a Series A, led by The Entrepreneurs' Fund, raising a total of USD 0.70 mn. The company has successfully completed 2 deals, with the most recent deal dated September 17, 2013, when Hightail acquired Adept Cloud for an undisclosed sum.Adeptcloud.com specializes in providing domain name acquisition services, focusing on high-value domain names available for purchase or lease. Users can opt to buy a domain outright for USD 4,995 or choose a lease-to-own plan priced at USD 714 per month. The platform emphasizes secure transactions and hassle-free payment processes, catering to diverse clientele including entrepreneurs and businesses seeking premium online identities.Adeptcloud.com generates revenue primarily through direct sales of domain names and leasing agreements. Customers can either purchase a domain outright or enter a lease-to-own agreement, providing flexibility for those who may prefer not to make a full upfront investment. Revenue is directly linked to these offerings, focusing on B2C transactions for individual buyers and small to medium-sized enterprises.Adept Cloud, Inc. is planning to enhance its domain acquisition offerings with new products aimed at expanding its market reach. While specific release dates for these products have not been disclosed, the company seeks to penetrate additional geographic markets to better serve its international clientele. The recent funding from the Series A round will be instrumental in executing these growth strategies, particularly focusing on product enhancements and market expansion initiatives, following the acquisition by Hightail in September 2013.

## Funding rounds

- Series A, Nov 1, 2012, $0.7M — The Entrepreneurs' Fund

## Investors

- The Entrepreneurs' Fund (https://capitalatlas.ai/funds/the-entrepreneurs-fund) — Series A
