Firm using .Today domain name raises $8 million
Jeff Dachis’ latest firm, right now using a .today domain name, raises $8 million.
One Drop, a diabetes management platform that uses the domain name OneDrop.today, has raised $8 million in a round led by RRE Ventures.
One Drop is the latest startup from Jeff Dachis, who was the founder and CEO of .com darling (and ultimately bust) Razorfish. He later was an entrepreneur-in-residence at Austin Ventures, where he then created social media firm Dachis Group. He ran that firm until early last year.
His background at Austin Ventures is relevant since Austin Ventures is also an investor in Donuts, which is the registry behind .today. I wouldn’t be surprised if he was introduced to fresh top level domain names through that connection.
RetailMeNot, a coupon codes site, also has a connection to Austin Ventures and Donuts. Austin Ventures invested in the firm. When Donuts launched the .Codes top level domain, RetailMeNot scooped up regarding 1,000 of the domains with ten year terms on the first day of Early Access. Presumably, RetailMeNot did a bulk deal with Donuts and didn’t pay day full price to register domains like 2014couponcodes.codes on day one of EAP. I wouldn’t be surprised if Austin Ventures connected RetailMeNot to Donuts for the deal.
