# PrivaSys

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/privasys

- Industry: IT Security/Cybersecurity
- Headquarters: Camarillo, US
- Total disclosed funding: $25M
- Latest round: Series E (Feb 9, 2007)
- Investors on record: 4

## About

PrivaSys operates as a platform for domain sales, specializing in the acquisition and trading of internet domain names to connect buyers and sellers, enhancing online branding and marketing efforts. PrivaSys is a domain sales platform that connects buyers and sellers of internet domain names. The company is headquartered in Camarillo, US. PrivaSys has undergone no notable pivots and operates independently without subsidiaries or a parent company. In February 2019, CloudBreak Capital exited its stake in PrivaSys. Financial Terms were not disclosed. PrivaSys.com primarily operates as a platform for domain sales, specializing in the acquisition and trading of internet domain names. The company facilitates transactions that allow individuals and businesses to secure desirable online addresses, which are crucial for their branding and marketing strategies. This service benefits various clients, including startups and established businesses across sectors like technology and e-commerce. PrivaSys serves a global market, including North America, Europe, and select regions in Asia.PrivaSys.com generates revenue through one-time transactions for domain sales between the company and its clients. The pricing for domain acquisitions varies based on market demand and desirability of the domain name selected. Clients engage in direct purchases through a user-friendly online interface, establishing a straightforward payment structure, which fosters repeat business. In addition to one-off sales, PrivaSys may explore partnerships with domain registrars and online marketplaces to enhance revenue streams.In February 2007, PrivaSys secured USD 0.50 mn in Series E financing, which will be utilized to support future growth initiatives. The company is exploring upcoming products aimed at improving the domain acquisition process and enhancing user experience. PrivaSys plans to expand its operations into new markets, particularly targeting regions in Asia and Europe by the end of 2008.

## Funding rounds

- Series E, Feb 9, 2007, $0.5M — Wachovia Bank, Steelpoint Capital Partners
- Series D, Jul 19, 2006, $4.5M — Wachovia Bank, Steelpoint Capital Partners
- Series C, Aug 30, 2004, $5M — Springboard-Harper Investment, Wachovia Bank, Chess Ventures
- Series C, Jun 7, 2004, $9.7M — Springboard-Harper Investment, Wachovia Bank, Chess Ventures
- Series B, May 7, 2004, $4.9M — Springboard-Harper Investment, Wachovia Bank, Chess Ventures

## Investors

- Springboard-Harper Investment (https://capitalatlas.ai/funds/springboard-harper-investment) — Series B, Series C
- Wachovia Bank — Series B, Series C, Series D, Series E
- Chess Ventures (https://capitalatlas.ai/funds/chess-ventures) — Series B, Series C
- Steelpoint Capital Partners (https://capitalatlas.ai/funds/steelpoint-capital-partners) — Series D, Series E