# Cyrium Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cyrium-technologies

- Industry: Semiconductors
- Headquarters: Ottawa, Canada
- Website: www.cyriumtechnologies.com
- Total disclosed funding: $15M
- Latest round: Series B (Jul 1, 2008)
- Investors on record: 5

## About

Cyrium Technologies Inc. is a Canadian firm specializing in the sale and leasing of premium domain names, facilitating secure transactions for clients seeking to enhance their online presence.Founded in 2002 and headquartered in Ottawa, Canada, Cyrium Technologies Inc. focuses on the domain name market. The company has engaged in 7 deals, with its most recent deal occurring on June 1, 2013, when it was sold. The latest funding round raised CAD 1.2 mn from investors including BDC Capital, Chrysalix, Pangaea Ventures, and The Quercus Trust.Cyrium Technologies specializes in the sale and leasing of premium domain names, focusing on providing a seamless and secure transaction process. Their offerings include outright purchases of domain names at a fixed price of CAD 4,911 and lease-to-own options priced at CAD 226 per month. The company's platforms cater to a diverse clientele, including entrepreneurs, small to medium-sized businesses, and larger corporations across various industries, offering transactions globally in local currencies to enhance user experience.Cyrium Technologies generates revenue primarily through the sale and leasing of domain names. Clients can choose to buy a domain outright for a fixed price of CAD 4,911 or opt for a lease-to-own arrangement at CAD 226 per month. The company emphasizes a straightforward transaction process, with features like free transaction support and secure payment options, fostering ongoing relationships with both individual entrepreneurs and corporate clients.Following its most recent deal on June 1, 2013, Cyrium Technologies plans to innovate by designing new products tailored to evolving market demands. The company aims to expand its market presence into new geographic regions, focusing on North America, Europe, and Asia. The recent funding of CAD 1.2 mn will support these initiatives, enabling the company to enhance its service offerings and improve customer engagement.

## Funding rounds

- Series B, Jul 1, 2008, $15M — BDC Capital, Chrysalix, Pangaea Ventures, The Quercus Trust
- Seed, Aug 12, 2005 — Chrysalix, Business Development Bank of Canada

## Investors

- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Seed, Series B
- Business Development Bank of Canada — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- Pangaea Ventures (https://capitalatlas.ai/funds/pangaea-ventures) — Series B
- The Quercus Trust — Series B