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Rapidly
Rising SaaS Company Based on a .US Domain Attracts $5.7
Million Investment |
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By Ron Jackson
There
are only 171,476 words in the Oxford English
Dictionary and virtually every one of them has
been registered as a .com domain. No surprise there since
more than 156 million .com domains have been
registered. As a result, one-word domains in .com are either
prohibitively expensive for most small to medium sized
business (SMBs) or not available at any price. That
is why you are seeing so many new companies setting up shop
on the next best option, which for many, is their nation's ccTLD
(country code domain extension). |
That
was the case for Tango, a rapidly rising company in
the SaaS space. A British beverage company is already
operating on Tango.com, but the blossoming tech firm was
able to secure Tango.us
at an affordable price and their booming business is right
at home in a natural online location for any American
business.
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Tango,
a modern, easy-to-use application that streamlines the
process of creating workflow documentation, just received a $5.7
million seed round investment led
by Wing Venture Capital and joined by General
Catalyst, GSV Ventures, Outsiders Fund, Red Sea Ventures,
and many prominent angels. TechCrunch posted the
full story about this exciting new company on
August 24, 2021 that explains why they are attracting so
much attention from investors and the tech community.
In
addition to the steady flow of new companies driven
by innovation, the current Covid |
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pandemic
has demonstrated why everyone in business has to think
about doing more business online. Those
forces have created
a boom in the domain aftermarket. .US is
benefiting from that boom thanks to its ability to
provide popular one-word, 3-letter acronym and
meaningful multiple word term domains at prices that are
still affordable - while also providing a TLD
(domain extension) home base that is a perfect
match for any American company, organization or
individual, as well as any enterprise that serves the
U.S. market. |
Posted
Sept. 6, 2021. Permalink for this story:
https://www.adn.us/news-views/2021/0906.htm
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