# Compass Networks

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

- Industry: Software
- Headquarters: Netanya, Israel
- Website: www.compassnetworks.com
- Total disclosed funding: $135M
- Latest round: Series G (Nov 15, 2014)
- Investors on record: 9

## About

Compass Networks Ltd. offers a strategic online platform that supports enterprise growth, particularly in the education sector, by providing memorable domain names for businesses.Founded in 2005 and headquartered in Netanya, Israel, Compass Networks Ltd. specializes in domain services for the education sector. The company has undergone strategic pivots to focus on enhancing online visibility for educational institutions. The firm has completed a total of 4 deals, with the most recent on November 15, 2014, when it raised USD 25 mn through Series G financing from Marker LLC. The current CEO is Michael Laor, while Ronen Hovav also serves in a leadership capacity.CompassNetworks.com serves as a strategic platform designed to facilitate the growth of enterprises, especially within the education sector. The primary offering is a memorable domain name that appeals to growth-oriented businesses, from startups to established educational institutions, enhancing their brand visibility. The service aids clients in navigating their business success by providing an easy-to-remember web address that integrates seamlessly into their marketing strategies. The target geographical markets include North America, Europe, and Asia, aimed at businesses looking to establish or expand their online presence in the education sector and related industries.The revenue model for CompassNetworks.com is based on domain sales and flexible payment plans tailored to diverse client needs. Clients can acquire the domain either through an outright purchase or an installment plan, with typical transactions involving an upfront payment of USD 1,780.10 followed by monthly payments of USD 514 for 35 months, which includes a service fee. This approach accommodates various business sizes, ensuring a competitive pricing strategy that supports companies in enhancing their online credibility within the education sector.Compass Networks Ltd. aims to leverage its recent Series G financing of USD 25 mn to expand its product offerings and enter new geographic markets. Upcoming plans include the launch of innovative domain-related services tailored for the education sector, with specific release dates to be announced. The company also aims to penetrate additional regions beyond its current markets in North America, Europe, and Asia, enhancing its global footprint. These strategies are expected to be supported by the capital raised in the latest funding round.

## Funding rounds

- Series G, Nov 15, 2014, $25M — Marker
- Series F, Dec 1, 2012, $57M — Benchmark, Pitango, North Bridge Venture Partners, Comcast Ventures, Cisco Systems, RUSNANO Management Company, Marker
- Series E, Sep 30, 2011, $32M — Comcast Ventures, DTCP, Cisco Systems, Marker
- Series D, Jul 8, 2010, $21M — Benchmark, Pitango, North Bridge Venture Partners, Cisco Systems, Crescent Point, Marker

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series D, Series F
- Pitango (https://capitalatlas.ai/funds/pitango) — Series D, Series F
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series D, Series F
- Cisco Systems — Series D, Series E, Series F
- Crescent Point (https://capitalatlas.ai/funds/crescent-point) — Series D
- Marker (https://capitalatlas.ai/funds/marker) — Series D, Series E, Series F, Series G
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series E, Series F
- DTCP — Series E
- RUSNANO Management Company — Series F