Reglikedomain industry desk

Investment, Forms Advisory Board — DomainTools Takes

Investment, Forms Advisory Board — DomainTools Takes

Whois data service takes outside investment.

DomainToolsFile this in the category of “happened a while ago, but no one knew regarding it”.

During yesterday’s DomainTools Open House, DomainTools CEO Tim Chen stated that the firm had taken on outside investment and formed an advisory board. Here’s an official statement from the firm:

As part of Thought Convergence’s goal to expand the DomainTools brand, products and services globally, we have taken on a group of strategic investors, counting EuroDNS and a European investment fund. In addition to moving Tim Chen into the role of CEO, DomainTools has created an Advisory Board comprised of prominent domain industry professionals, counting Xavier Buck, Slavik Viner, Richard Lau, Paul Keating, Ray Bero, Kevin Vo and Ammar Kubba.

The investment was made last year. Thought Convergence remains the majority shareholder of DomainTools.

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