Donuts

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Donuts.JPG
Type: Privately held
Industry: Internet
Founded: 2010
Founder(s): Paul Stahura
Jonathon Nevett
Headquarters: 1720 205th Place NE

Sammamish, WA 98074

Country: USA
Website: donuts.co
Key People
Paul Stahura, CEO
Jonathon Nevett, EVP
Daniel Schindler, Executive Officer

Donuts is a start-up company offering registry services co-founded by Paul Stahura and Jonathon Nevett, Richard Tindal, and Daniel Schindler. In April 2011, Stahura said that the company is in stealth mode and it is raising capital. ased on the company's filing with the Securities and Exchange Commission (SEC), Donuts raised $1 million equity financing. [1] The company's headquarters is located in Bellevue, Washington and it has Offices in

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. [2] 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." [3]

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 [4]

In terms of intellectual property rights protection, the company said that it created rights protection mechanisms for new gTLDs and implements an open internet philosophy. According to Stahura, "The Internet is an engine of information, ideas and commerce, and one that’s not restrictive unnecessarily. Donuts intends to preserve that openness for all users, not operate a ‘by invitation only’ section of the Internet." [5]

Donuts Team

The management team of the company include:[6]

Board of Directors

  • Paul Stahura, Donuts Inc.
  • Chris Pacitti, Austin Ventures
  • Robert Verratti, TL Ventures
  • Brian Jacobs, Emergence Capital Partners
  • Thomas Ball, Austin Ventures
  • Jonathon Nevett, Donuts Inc.

Investors

The company's investors include:[7]

  • Austin Ventures
  • Adams Street Partners
  • Emergence Capital Partners
  • TL Ventures
  • Generation Partners
  • Stahurricane (Stahura’s investment fund)

References