Distributed purchased Distributed.com ahead of £8 million funding round

Firm moved from matching .co domain name.

The COVID-19 pandemic has accelerated the popularity of global workforces and remote employment. That shift has brought regarding a change in the way that some firms operate, counting challenging the often-held belief that a local team is the best team.

One London firm states its aim is “reinventing work and challenging the assumption that a local team equals the best team.” Aptly named Distributed, the firm offers a global team of freelance developers that can be deployed, scaled up, or scaled down to suit the needs of a client. It has attracted some high-profile clients, counting BBC, MasterCard, and BP.

Founded in 2017, Distributed secured £30 million ($36.5 million) in funding from telecommunications firm BT earlier this year. It has now followed it up with an £8 million ($9.6 million) venture funding round.

Between these two funding rounds, Distributed purchased its exact-match .com, Distributed.com.

For the firm, it marks a significant upgrade from its original domain, Distributed.co.

As stated by Whois history, Distributed purchased Distributed.com in early June 2022 when the domain moved from a privacy-protected Namecheap account to Netim, the preferred registrar for Distributed.

Distributed is a common and popular term within the Web3 industry, so it’s no surprise to see that ahead of Distributed.com moved into the hands of the London-based firm, the domain hosted a blockchain news site that had its own associated conference.

It was owned and operated by BTC Media, a firm with multiple media outlets based predominantly on Bitcoin. It’s unclear whether BTC Media sold Distributed.com to Distributed.

Distributed is the latest of a string of firms that have chosen to upgrade from a .co domain to a .com. Alloy, Kernel, and Grove have all made the move from .co to .com in the past couple of years.