Reglikedomain industry desk

Buys BlueJeans.com for $150,000 — Norwest-Backed Startup

Buys BlueJeans.com for $150,000 — Norwest-Backed Startup

Blue Jeans Network pays six figures for ideal domain name.

Blue Jeans NetworkThe prior week I wrote regarding how a startup with $41M in backing from venture capital heavyweights Sequoia and Bain Capital bought Color.com for $350,000.

Now comes news from old school domain investor Garry Chernoff of a similar purchase by a VC-backed startup.

Chernoff sold BlueJeans.com to Blue Jeans Network for $150,000.

The firm provides cloud-based communications services and is backed by Norwest Venture Partners.

This purchase is similar to Color.com in that both firms have “branded” domains that otherwise wouldn’t be used for similar purposes.

Blue Jeans Networks keeps its main site at BlueJeansNet.com, but also owns BlueJeans.net — a domain name it appears to have purchased in January.

You can learn more regarding Garry Chernoff’s incredible story in The Domain Game.

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