# Philo Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/philo-media

- Industry: Media
- Headquarters: New York, US
- Website: www.playphilo.com
- Latest round: Series A (Jul 28, 2010)
- Investors on record: 3

## About

Philo Media is a domain name acquisition service that streamlines the purchase and leasing of unique domain names for businesses and individuals, enhancing their online visibility and presence.Philo Media specializes in domain name acquisition services, facilitating the purchase and leasing of domain names. The company was acquired by LocalResponse, a portfolio company of Charles River Ventures, Metamorphic Ventures, and Verizon Investment Management Corporation in August 2011. It is headquartered in New York, US. The founder's information is currently unavailable. Philo Media has raised a total of USD 1.10 mn, with its latest funding round being an Unspecified Round on August 4, 2011.playphilo.com specializes in providing domain name acquisition services, emphasizing a streamlined process for both purchase and leasing options. Their core offerings include a straightforward "Buy Now" option priced at USD 2,888 and a "Lease to Own" alternative available at USD 245 per month. The company targets a diverse range of clients, including entrepreneurs, small businesses, and established corporations, enabling them to enhance their online presence through unique domain names. With an emphasis on secure transactions and customer support, playphilo.com caters to users in various geographical markets, particularly focusing on North America and Europe.Revenue generation for playphilo.com is primarily driven through the sale and leasing of domain names. Clients engage in transactions through either the outright purchase of domains or by opting for a lease arrangement, which allows them to acquire domain ownership over time. The pricing structure includes a one-time fee of USD 2,888 for immediate purchase and a recurring monthly fee of USD 245 for the lease-to-own option. These transactions are typically direct-to-consumer, empowering individuals and organizations to invest in their online branding without intermediaries. The company's revenue model is centered on providing a secure and efficient platform that facilitates domain acquisitions, delivering value to users seeking to establish their online presence.Philo Media's strategy for future growth includes the continuous enhancement of its domain acquisition services and broadening its reach in the North American and European markets. The latest funding round will be utilized to further develop its platform and improve customer support services. The company aims to expand its product offerings and potentially explore new geographical markets by leveraging the resources from the recent funding. The company's focus is to enhance user experience and streamline its operations, ensuring efficient domain transactions as they continue to grow.

## Funding rounds

- Series A, Jul 28, 2010 — North Bridge Venture Partners, Gotham Ventures, Eniac Ventures

## Investors

- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series A
- Gotham Ventures (https://capitalatlas.ai/funds/gotham-ventures) — Series A
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Series A