Silicon Hive

Logistics & DistributionSeries BEindhoven, Netherlandssiliconhive.com

Latest round

Series B

Last raised

Oct 2008

Total raised

$17M

Investors

4

About Silicon Hive

Founded in 2003 in Eindhoven, Netherlands, Silicon Hive specializes in premium domain name sales. The company has undergone significant changes, culminating in its acquisition by Intel Corporation in March 2011. The founder, George Cigale, has a history of entrepreneurship, though further details on previous ventures are unavailable.Silicon Hive specializes in the sale of premium domain names, primarily targeted at businesses and entrepreneurs seeking to establish a strong online presence.29 per month. The company serves a global clientele, including startups and established businesses, focusing on those in the technology and innovation sectors.Silicon Hive generates revenue through direct sales of domain names and related services, utilizing a transaction structure that includes options for outright purchases or installment payment plans. The pricing strategy allows clients to buy domain names outright or pay over time without interest. The revenue model is predominantly B2B, catering to businesses needing digital real estate for their web presence. Additionally, ancillary services such as WhoIs Privacy Protection are offered for free in the first year, with a small fee applied thereafter. There are initiatives to introduce new domain offerings and expand into additional international markets. The company aims to capitalize on its existing technology and market reach to diversify its service range in the upcoming years, although specific product launches or geographical targets have not been disclosed.

Who invested in Silicon Hive

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Oct 22, 2008

    Amount

    $7M

    Investors

    Locked

  2. Series A

    Apr 16, 2007

    Amount

    $10M

    Investors

    Locked

Questions about Silicon Hive

Who invested in Silicon Hive?

Silicon Hive has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Silicon Hive raised?

Silicon Hive has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Silicon Hive last raise money?

Silicon Hive's most recent round on record is a Series B, in Oct 2008.

What does Silicon Hive do?

Founded in 2003 in Eindhoven, Netherlands, Silicon Hive specializes in premium domain name sales.

Where is Silicon Hive headquartered?

Silicon Hive is headquartered in Eindhoven, Netherlands.

Which VCs invest in companies like Silicon Hive?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back logistics & distribution companies at Silicon Hive's stage. Their profiles are linked below.

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