# WISChip

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

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.wischip.com
- Total disclosed funding: $31M
- Latest round: Series D (Mar 28, 2005)
- Investors on record: 4

## About

WISChip is a domain name provider specializing in the sale of premium digital assets, enabling businesses to enhance their online presence and brand visibility effectively.WISChip, founded in 1998, is located in Santa Clara, US. The company focuses on selling its domain, wischip.com. In October 2005, Micronas fully acquired WISChip for USD 80 mn. This acquisition marked a significant shift in the company's trajectory, consolidating its operations under a larger umbrella.The company's primary offering is the domain name wischip.com, which is available for sale at a price of USD 9,950 through Spaceship.com. This domain serves as a digital asset that can be utilized by businesses or individuals looking to establish an online presence. The functionality of the domain relies on its potential to attract traffic, enhance brand visibility, and facilitate e-commerce activities. End users of this domain may include startups, marketing agencies, and established corporations seeking to expand their digital footprint. The company markets its domain to an international clientele, particularly targeting tech-savvy businesses in the United States, Europe, and Asia that recognize the value of premium domain names for branding and online marketing purposes.Revenue is generated primarily through the sale of domain names, specifically through direct transactions with buyers interested in acquiring wischip.com. Upon agreement, a buyer engages with the online platform Spaceship.com to execute the purchase, which includes a straightforward payment process. The structure of these transactions typically involves a one-time payment, allowing the buyer immediate ownership of the domain. The pricing model is centered around the fixed sale price of USD 9,950, enabling a direct-to-consumer approach for individuals and businesses attempting to secure valuable digital real estate. This transaction model emphasizes the simplicity and efficiency of acquiring digital assets, reflecting the company’s focus on providing a seamless buying experience for its clients.While there is no specific information about upcoming products or new market expansions, recent funding from the acquisition by Micronas will likely support efforts to enhance the domain's marketing and sale strategies. The strategic direction may include leveraging the broader resources from Micronas to reach new clients and improve sales processes.

## Funding rounds

- Series D, Mar 28, 2005, $31M — Fortune Venture Investment Group, AsiaVest Partners, Pacific Venture Partners, UMC Capital

## Investors

- Fortune Venture Investment Group (https://capitalatlas.ai/funds/fortune-venture-investment-group) — Series D
- AsiaVest Partners — Series D
- Pacific Venture Partners (https://capitalatlas.ai/funds/pacific-venture-partners) — Series D
- UMC Capital (https://capitalatlas.ai/funds/umc-capital) — Series D