# Amber Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amber-networks

- Industry: Telecoms
- Headquarters: Fremont, US
- Website: www.ambernetworks.com
- Total disclosed funding: $110M
- Latest round: Series C (Jul 10, 2000)
- Investors on record: 10

## About

Amber Networks, Inc. specializes in the sale of premium domain names, facilitating transactions that enable businesses and individuals to secure unique web addresses for enhancing their online presence.Amber Networks, Inc., founded in 1998 and headquartered in Fremont, US, operates in the domain name services sector, focusing on domain transactions. The company was acquired by NOKIA in July 2001 for USD 421 mn. Further details on the founder's history are not available.Amber Networks, Inc. provides a variety of domain name services, primarily concentrating on the sale of premium domain names. Its main offering includes facilitating domain transactions, supporting businesses and individuals in acquiring unique web addresses for brand establishment, marketing strategies, and e-commerce initiatives. The company serves a diverse clientele, including startups, small to medium-sized enterprises, and larger corporations, and markets its services globally across North America, Europe, and Asia.Amber Networks, Inc. generates revenue through the sale of domain names, employing a direct transactional model for clients to purchase domains directly via its website. The pricing of domain names varies based on domain popularity, length, and market demand, with flagship offerings priced at a premium. The revenue model is primarily based on one-time sales, with potential additional income from domain management and transfer services.Amber Networks, Inc. is positioned for future growth through the exploration of new product offerings and potential market expansion. Recent funding from NOKIA's acquisition will likely be allocated towards enhancing their service portfolio and targeting new geographical regions. While specific upcoming products and release dates are not mentioned, the focus will be on increasing their digital asset footprint in growing markets.

## Funding rounds

- Series C, Jul 10, 2000, $91M — GCM Grosvenor, Invesco, Banc of America Securities, Access Technology Partners, MSDW Venture Partners, TMCT Ventures, Singapore Investment Development Corporation, Pequot Capital Management
- Series A, Aug 24, 1999, $19M — Accel, Infinity Capital Ventures, Invesco

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Infinity Capital Ventures (https://capitalatlas.ai/funds/infinity-capital-ventures) — Series A
- Invesco (https://capitalatlas.ai/funds/invesco) — Series A, Series C
- GCM Grosvenor — Series C
- Banc of America Securities — Series C
- Access Technology Partners — Series C
- MSDW Venture Partners (https://capitalatlas.ai/funds/msdw-venture-partners) — Series C
- TMCT Ventures — Series C
- Singapore Investment Development Corporation (https://capitalatlas.ai/funds/singapore-investment-development-corporation) — Series C
- Pequot Capital Management — Series C