Changes

==New gTLD Applications==

==New gTLD Applications==

In June 5, 2012, Donuts announced that the company applied for 307 generic top level domain names ([[gTLD]]) in various characters sets with [[ICANN]]'s [[New gTLD Program]] and secured $100 million capita from multi-billion dollar private equity and venture funds. <ref>[http://domainnamewire.com/2012/06/05/donuts-raises-100-million-applies-for-307-new-tlds/ Donuts raises $100 million, applies for 307 new TLDs]</ref> According to Schindler, the company originally came up with a list of 3,000 prospective domain names.  He said, ""We made a long list of dictionary terms, in multiple languages and character sets. We created our own proprietary way of valuing the [gTLDs], and that helped us narrow it down. But 307 is still a lot, obviously." <ref>[http://money.cnn.com/2012/06/05/technology/donuts-domains-funding/index.htm?source=cnn_bin 'Donuts' startup lands $100 million for dot-brand domains]</ref>

In June 5, 2012, Donuts announced that the company applied for 307 generic top level domain names ([[gTLD]]) in various characters sets with [[ICANN]]'s [[New gTLD Program]] and secured $100 million capital from multi-billion dollar private equity and venture funds. <ref>[http://domainnamewire.com/2012/06/05/donuts-raises-100-million-applies-for-307-new-tlds/ Donuts raises $100 million, applies for 307 new TLDs]</ref>  

 

 

According to Schindler, the company originally came up with a list of 3,000 prospective domain names.  He said, ""We made a long list of dictionary terms, in multiple languages and character sets. We created our own proprietary way of valuing the [gTLDs], and that helped us narrow it down. But 307 is still a lot, obviously." <ref>[http://money.cnn.com/2012/06/05/technology/donuts-domains-funding/index.htm?source=cnn_bin 'Donuts' startup lands $100 million for dot-brand domains]</ref>

Donuts executive said that the company is prepared to deploy capital and secure additional funds if it is necessary to ensure that it will be able to secure and operate every TLD applied for with the internet governing body. The company partnered with Demand Media Europe Limited, a wholly-owned subsidiary of Demand Media, Inc. as its back-end registry service provider. According to Stahura  

Donuts executive said that the company is prepared to deploy capital and secure additional funds if it is necessary to ensure that it will be able to secure and operate every TLD applied for with the internet governing body. The company partnered with Demand Media Europe Limited, a wholly-owned subsidiary of Demand Media, Inc. as its back-end registry service provider. According to Stahura