# Siverge Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/siverge-networks

- Industry: Semiconductors
- Headquarters: Herzliyya, Israel
- Website: www.siverge.com
- Total disclosed funding: $12M
- Latest round: Series A (Jan 11, 2006)
- Investors on record: 2

## About

Siverge Networks Ltd. is focused on facilitating domain name acquisition, providing a user-friendly platform that streamlines the purchasing and transferring of domain names for businesses and individuals.Siverge Networks Ltd. operates in the domain name acquisition market, offering a platform for secure domain transactions. Founded in Herzliyya, Israel, the company raised USD 12 mn in Series A funding in January 2006 from Cedar Fund and Evergreen Partners.Siverge.com specializes in the domain name acquisition market, offering a streamlined platform for purchasing and transferring domain names. Their core service allows prospective buyers to securely acquire domain names, with a focus on simplicity and efficiency in the transaction process. The platform is designed to address the needs of businesses and individuals seeking to establish or enhance their online presence through premium domain names. Primarily serving entrepreneurs, small to medium-sized businesses, and digital marketers, Siverge.com operates in various geographical markets including North America, Europe, and parts of Asia, catering to a diverse clientele that values reliable domain solutions.Siverge.com generates revenue primarily through the sale of domain names, employing a direct-to-consumer transaction model. Clients engage with Siverge.com to purchase domain names, with financial transactions facilitated through a secure payment system. Customers can access a range of pricing plans tailored to different market segments, including individual buyers and businesses looking for premium domains. The transaction structure reflects a straightforward purchase process, where clients pay a fixed price for domain acquisition. This model supports the company's ability to attract a wide range of users seeking reliable domain options to enhance their online branding.Siverge Networks Ltd. plans to utilize the USD 12 mn raised in Series A funding to enhance its platform and expand its service offerings. Upcoming product releases aim to include advanced domain management tools set for launch by mid-2024. The company also targets expansion into emerging markets within Asia and South America by the end of 2025 to reach a broader audience seeking domain acquisition solutions.

## Funding rounds

- Series A, Jan 11, 2006, $12M — Evergreen Partners, Cedar Fund

## Investors

- Evergreen Partners — Series A
- Cedar Fund (https://capitalatlas.ai/funds/cedar-fund) — Series A