# Beijing TengRui Miles Information & Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-tengrui-miles-information-technology

- Industry: Information Services
- Headquarters: Beijing, China
- Website: www.tiros.com.cn
- Total disclosed funding: $4.5M
- Latest round: Series B (Oct 25, 2010)
- Investors on record: 3

## About

Beijing TengRui Miles Information & Technology specializes in domain name brokerage, providing a platform for the buying and selling of domain names, ensuring secure transactions and professional third-party support for clients.Founded in 2004, Beijing TengRui Miles Information & Technology operates from Beijing, China, and focuses on domain name brokerage services. In October 2010, the company secured a Series B funding round of CNY 30 million from investors including ASB Ventures and CDF Capital. The company has completed 1 deal to date, with its latest funding representing the entirety of the capital raised to date.Tiros.com.cn operates primarily in the domain name brokerage sector, offering a streamlined platform for buying and selling domain names. Their services include domain name listings for sale and options for clients to negotiate and acquire specific domains. The flagship domain, tiros.com.cn, is available for immediate purchase at a fixed price. Tiros caters to a diverse clientele, including entrepreneurs and corporate entities, focusing on secure and efficient transactions supported by professional third-party services.The revenue model for Tiros.com.cn is based on immediate sales of domain names, with transparent pricing clearly communicated to buyers. Transactions are facilitated through an escrow service provided by 4.cn, ensuring security in the buying process. Notably, the flagship domain, tiros.com.cn, is listed at CNY 999.00, allowing B2B clients and individual consumers to navigate domain acquisitions easily while benefiting from expert brokerage services.Following the recent Series B funding of CNY 30 million completed in October 2010, Beijing TengRui Miles Information & Technology plans to enhance its offerings in the domain brokerage sector. This includes the development of new products aimed at improving transaction efficiency. The company is targeting expansion into international markets, although specific regions have yet to be defined. The recent funding is expected to support these initiatives, enabling the company to enhance its service delivery and broaden its market presence.

## Funding rounds

- Series B, Oct 25, 2010, $4.5M — China Merchants Innovation and Technology, CDF-Capital, ASB Ventures

## Investors

- China Merchants Innovation and Technology (https://capitalatlas.ai/funds/china-merchants-innovation-and-technology) — Series B
- CDF-Capital (https://capitalatlas.ai/funds/cdf-capital) — Series B
- ASB Ventures (https://capitalatlas.ai/funds/asb-ventures) — Series B