According to a press release out this morning, Architelos, Inc. a consulting and software company concentrated in the new gTLD space, announced it completion of its second year of business, “earning over $1.7 million in revenue and booking sales of over $2 million dollars in consulting and software service fees in 2012”.
Its interesting to note that while Architelos is just one company to emerge in the new gTLD space you can see how the new gTLD program is already stimulating the economy.
“Architelos also expanded its footprint internationally by opening up a Canadian office in Toronto, which houses its software development efforts.
“Our financial performance and revenue growth is significant, given the fact that the company is self-funded, carries no debt, and was still able to make substantial investments in software development”
“In August of 2012, Architelos launched the patent-pending NameSentry domain abuse detection and mitigation service. Within two months, deals were inked with major portfolio companies Donuts and TLDH whose TLDs represent 22% of the new gTLD applications.
In its first year of operations Architelos’ revenue exceeded $1 million”.
Results for year two represent a 70% increase in revenues and a 100% increase in sales. “Our financial performance and revenue growth is significant, given the fact that the company is self-funded, carries no debt, and was still able to make substantial investments in software development,” said CEO, Alexa Raad.
The company ended the year on a high note with Success Magazine recognizing the company in its December 2012 issue.
Expanded International Presence
Architelos has clients in 10 countries ranging from Europe to Australia and China to the US and Canada.
The company added 15 new clients in 2012, including current gTLDs and ccTLDs, as well as new gTLD applicants. 2012 milestones for the company included the establishment of the Canadian branch office in Toronto, to house all software development efforts, and the set-up of two data centers in Los Angeles and Toronto to support its SaaS-based product suite called TLD Managed Services (TMS).
Successful launch of Registry-Specific SaaS-based Services.
Anticipating industry need for greater domain name abuse protection and reputation management, Architelos introduced NameSentry in August of 2012. NameSentry is designed to allow registries to comply with the Internet Corporation for Assigned Names and Numbers (ICANN) requirement for new gTLDs to mitigate domain abuse, and will work with any back-end registry system. It is the first product in TLD Managed Services (TMS) suite of services to be released. Architelos is currently developing its second TMS product, which is a solution for the complex requirements of new gTLD finance systems. TMS distills the 30 years experience of the Architelos leadership in building, launching and managing TLDs. With TMS, registries can outsource the management of the critical business and front-office functions thus reduce the costs of procuring, customizing and integrating software.
About Architelos, Inc.
Architelos, Inc. provides strategic consulting and managed services for clients in the Domain Name System (DNS). The Architelos team of executives is unique in having over 30 years of experience, and a track record in building, launching and managing multi-million name gTLDs. Clients include new as well as existing generic Top Level Domain (gTLD) and Country Code (ccTLD) registries. Architelos has locations in Leesburg (VA), Los Angeles, (CA), Toronto (Canada) and Dublin (Ireland), and data centers in Toronto and LA. For more info follow Architelos on Twitter and Facebook.
“new gTLD program is already stimulating the economy”. if i gamble i will stimulate the economy. the question is what is the true value of the gTLDs? i am confident that the future will say that’s a 0 value. the world is full of garbage business that only absorbs money that should go to somewhere else.
Jose
Almost any new business is a gamble includingopening a bar, restaurant, storefront, supply store, and online store, investing in the stock market.
everything in life is a gamble.
Not sure things
The issue is what gets people to invest, to employee people, to start and grow businesses, providing the opportunity that will drive investment and jobs is the key
IP Lawyers are going to have plenty of work…
blessing in disguise 😉