# DRC Computer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drc-computer

- Industry: Hardware
- Headquarters: Santa Clara, US
- Website: www.drccomputer.com
- Total disclosed funding: $4.8M
- Latest round: Series B (Feb 23, 2007)
- Investors on record: 2

## About

DRC Computer specializes in the acquisition and transfer of internet domain names, providing a streamlined service for customers looking to establish their online identity.Founded in 2004, DRC Computer is headquartered in Santa Clara, US, and focuses on the domain name sales business. The company has successfully completed three deals and received funds during its SERIES B round in June 2009, raising USD 4.33 mn, with Wavepoint Ventures as an investor. The company was acquired by Security First Bank in June 2009, indicating a strategic pivot in ownership.DrcComputer.com is primarily involved in the domain name sales business, offering a singular focus on the acquisition and transfer of internet domain names. Its core product is the domain name DrcComputer.com, made available for sale at a price of USD 2,895 or through a payment plan of USD 120.63 per month over 24 months. This service functions by providing customers with access to the domain name within one to two hours of purchase, facilitating a seamless transfer process to the buyer's registrar account. The platform serves a diverse range of customers, including entrepreneurs, businesses, and individuals seeking to establish an online presence, particularly in sectors related to technology and computer services. Geographically, the services are marketed globally, catering to a wide array of end users who are looking to secure a digital identity across various international markets.The revenue model for DrcComputer.com is centered around the sale of domain names, with transactions taking place primarily as direct purchases from individual buyers or businesses. The company has established a straightforward pricing structure, prominently featuring its flagship domain name DrcComputer.com priced at USD 2,895. For customers opting for the payment plan, transactions are structured to encompass 24 monthly payments, totaling USD 2,895 without interest. This direct-to-consumer model allows clients to acquire domain names while ensuring immediate access following the purchase. The company prioritizes customer satisfaction by offering a 30-day money-back guarantee for domain purchases, further solidifying its commitment to a positive transaction experience for buyers.As of now, DRC Computer is focused on enhancing its existing services and expanding its market presence. The company plans to explore new geographical regions to cater to a broader customer base, although specific markets have yet to be disclosed. The funding received from the SERIES B round will likely support these initiatives, helping to strengthen its operational capabilities. With the acquisition by Security First Bank, there may be additional strategic directions that could influence future product offerings.

## Funding rounds

- Series B, Feb 23, 2007, $4.3M — Wavepoint Ventures
- Series A, Jun 6, 2005, $0.5M — Capital Valley Ventures

## Investors

- Capital Valley Ventures (https://capitalatlas.ai/funds/capital-valley-ventures) — Series A
- Wavepoint Ventures (https://capitalatlas.ai/funds/wavepoint-ventures) — Series B