# XTENT

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

- Industry: Medical Devices & Equipment
- Headquarters: Menlo Park, US
- Website: www.xtentinc.com
- Total disclosed funding: $55M
- Latest round: Series D (May 5, 2006)
- Investors on record: 6

## About

XTENT, Inc. specializes in providing premium domain names, facilitating businesses in establishing a strong online presence through unique digital assets. Their services cater to startups and established companies aiming to enhance visibility and branding.Founded in 2002 and headquartered in Menlo Park, California, XTENT, Inc. focuses on the digital real estate market by offering premium domain names for sale. The company has undergone no notable pivots in its business strategy since its inception. CEO Gregory Casciaro leads the firm, which has secured a total of USD 75.20 mn in funding through an IPO on January 31, 2007, comprising 4.7 mn shares priced at USD 16 each. The company has completed a total of 4 deals to date.XTent, Inc. offers a premium domain name for sale, representing a core service in the digital real estate market. The domain serves as a digital asset, primarily targeting businesses and individuals seeking to establish a robust online presence. Use cases for this domain include branding, marketing, and e-commerce, allowing companies to improve visibility and attract customers. The service caters to a diverse clientele, including startups, established businesses looking to rebrand, and entrepreneurs keen on securing a distinct digital identity. The markets for this domain extend globally, encompassing potential buyers from North America, Europe, and Asia, enhancing their online branding strategies.The revenue model for XTENT, Inc. revolves around the sale of domain names, with specific pricing options. Clients can purchase the domain outright for a fixed price of USD 2,195 or choose a flexible payment plan of USD 91.46 per month for 24 months. Transactions are facilitated through secure online payment methods, including PayPal and Escrow.com, ensuring a streamlined purchasing experience. The flagship offering is the domain name itself, which comes with a satisfaction guarantee, reflecting the company’s commitment to customer trust in the acquisition process. In the most recent year, XTENT, Inc. reported an EBITDA of USD -41.15 mn in 2008.XTENT, Inc. aims to enhance its offerings by designing and launching new premium domain names in the coming quarters. The company plans to expand its reach into emerging markets in Asia and Europe by the end of 2024. The funds raised from the IPO will support these initiatives by investing in marketing strategies and platform improvements to attract a broader clientele.

## Funding rounds

- Series D, May 5, 2006, $30M — Adams Street Partners, Advanced Technology Ventures, Latterell Venture Partners, Morgenthaler Ventures, St. Paul Venture Capital
- Series C, Mar 3, 2005, $25M — Advanced Technology Ventures, Latterell Venture Partners, Split Rock Partners

## Investors

- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series C, Series D
- Latterell Venture Partners (https://capitalatlas.ai/funds/latterell-venture-partners) — Series C, Series D
- Split Rock Partners (https://capitalatlas.ai/funds/split-rock-partners) — Series C
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series D
- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series D
- St. Paul Venture Capital (https://capitalatlas.ai/funds/st-paul-venture-capital) — Series D