# Altobridge

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altobridge

- Industry: Telecoms
- Headquarters: Ireland
- Website: www.altobridge.com
- Total disclosed funding: $18M
- Latest round: Series C (Nov 15, 2012)
- Investors on record: 2

## About

Altobridge is a digital services company that specializes in the sale and lease of domain names, providing customers with flexible options for acquiring digital assets.Founded in Ireland, Altobridge operates primarily in the digital domain sector, facilitating domain name transactions. The company was acquired by iDirect on January 18, 2015, for USD 4 mn. Information regarding the founder is not available, and there are no mentions of any subsidiaries or pivots in business strategy.Altobridge.com specializes in the sale and lease of domain names, providing a seamless and secure platform for acquiring digital assets. Their primary offerings include the option to purchase a domain outright for a fixed price of USD 9,888 or to enter into a Lease to Own agreement, which allows customers to pay a monthly fee of USD 837. The service caters to a diverse range of clients, including businesses and individuals looking to establish an online presence, emphasizing user-friendly transaction support and secure payment channels.In the most recent financial year of 2011, Altobridge reported revenue of USD 16,174,027, with an EBITDA loss of USD 5,897,393. Their revenue model is based on direct transactions with customers seeking domain names, either through outright purchases or a structured leasing program.Following the acquisition by iDirect in 2015, Altobridge aims to leverage its resources for expanding its offerings and market reach. Although no specific new products or geographic expansions have been publicly detailed, the current funding from the acquisition may be utilized to enhance technological capabilities and broaden their client base.

## Funding rounds

- Series C, Nov 15, 2012, $5.9M — Intel Capital, IFC Asset Management Company
- Series C, Mar 9, 2011, $12M — Intel Capital, IFC Asset Management Company

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series C