# AuctionDrop

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

- Industry: Internet
- Headquarters: Menlo Park, US
- Website: auctiondrop.com
- Total disclosed funding: $9.5M
- Latest round: Series C (Sep 12, 2005)
- Investors on record: 3

## About

AuctionDrop is a domain name registration platform that simplifies the acquisition and management of domain names. The company's services cater to individuals and businesses looking to establish their online presence effectively.AuctionDrop specializes in domain name registration and associated services, offering a streamlined platform for domain management. Founded in Menlo Park, US, the company has undergone strategic shifts to enhance its service offerings. In July 2008, AuctionDrop was acquired by ECO International. The company's latest funding round was a Series C, raising USD 4.000 mn, bringing the total amount raised to USD 4.000 mn, with a current valuation of USD 33.155 mn.Through auctiondrop.com, AuctionDrop focuses on domain name registration, offering a user-friendly interface for domain acquisition, management tools for existing portfolios, and a marketplace for premium domain transactions. The company primarily serves clients across North America, including startups and established businesses, aiming to simplify the domain acquisition process.AuctionDrop generates revenue through transaction-based income from domain registrations and associated services. Clients engage with the platform using a straightforward payment structure for domain purchases, which may include additional offerings such as privacy protection and domain transfer assistance. Partnerships with registrars allow AuctionDrop to provide competitive pricing and attractive packages for bulk acquisitions, resulting in seamless transactions for clients.AuctionDrop aims to expand its product range and enter new markets, with specific initiatives currently in development. The company plans to leverage its recent Series C funding, raised in July 2008, to support these growth initiatives, which include enhancing its technology platform and exploring international markets to serve a broader client base.

## Funding rounds

- Series C, Sep 12, 2005, $4M — Mobius Venture Capital, G51
- Series B, Dec 22, 2003, $3M — Mobius Venture Capital, Draper & Associates Inc
- Series A, Jun 16, 2003, $2.5M — Mobius Venture Capital, Draper & Associates Inc

## Investors

- Mobius Venture Capital (https://capitalatlas.ai/funds/mobius-venture-capital) — Series A, Series B, Series C
- Draper & Associates Inc — Series A, Series B
- G51 (https://capitalatlas.ai/funds/g51) — Series C