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Alarm.com Raises $136 Million In Funding
It is always neat to hear how certain domain names ended up after they have been purchased. You see list upon list of the recent domain name sales and wonder what they will go on to be and if they were worth the price the buyer had to pay. However in this case, though I am not sure what the original price for the domain name was, it seems to be that whatever the price tag on this sale, it was well worth it.
Alarm.com has recently raised $136 MILLION in funding. This is huge for this site! Alarm.com offers wireless home security services to its users. It also offers home automation.
Here is some more information about how the domain name this company chose helped out its business and aided it on its road to success:
“the company’s fantastic domain name must have helped it surge to one million customers. But it certainly helped the company with credibility when it launched in 2000. It also helps the company rank #3 on Google for “Alarm”, although I’m sure the big money term to rank for is “security alarm” or “burglar alarm”.
It’s also worth noting that the current investors acquired the company from MicroStrategy, a firm that has a nice collection of premium domain names. One example: Emma.com, which is currently subject to a lawsuit.”
This is a prime example of how buying a domain name can be the jump start to a business’s success. I’m sure if you asked this buyer about buying this domain name they would say they were certainly glad they did and satisfied with how the business has grown since that time. If interested in home security, check out this web site at Alarm.com, for your home security needs and all of their useful features.