The leading business information Crunchbase has published its monthly funding recap, and here is what caught our attention.
By the end of November, global funding for 2021 had surpassed $580 billion, compared to $335 billion in 2020.
Freight, aerospace, cloud security, gaming, automotive, cryptocurrency, e-commerce, energy, transportation, workplace productivity, and biomedicines are among the industries that received significant financing last month.
48 companies reached Unicorn status, according to Crunchbase.
Aurora and Embark Trucks, two technology companies located in Silicon Valley, went public through SPACs last month. Embark Trucks was valued at $5.2 billion, while Aurora was valued at $14 billion. More about VC-Backed Companies Going Public via SPAC 2021 can be found in our article here.
We’ve analyzed 585 companies that received investment in October and the names and domain extensions they chose for their online presence. Let’s explore some of the best names in this selection.
Benchling is a cloud-based software platform. The company closed a $100 Million Series F Mega-Round. Benchling.com is the domain name this startup has chosen to operate on; it perfectly matches their brand name, and the .com extension is what visitors intuitively lean towards when typing a web address.
Conductor is a marketing technology company acquired by WeWork at the peak of its expansion ambitions. Fast forward, WeWork’s collapse, Conductor saw an opportunity to buy itself out. The company raised $150 million at a $525M valuation. Conductor operates on the exact brand match domain name conductor.com.
ControlUp uses artificial intelligence to assist IT workers in troubleshooting and resolving issues with on-premise, hybrid, and cloud infrastructure. Following ControlUp’s latest funding round, its total raised reached $140.2 million in funding over four rounds. ControlUp has chosen a domain name corresponding to their global ambitions and communicates their vision – ControlUp.com.
Gemini is an innovative platform that allows customers to buy, sell, store, and earn cryptocurrencies. Gemini raised $400 Million at $7.1 Billion. Gemini acquired the exact brand match gemini.com from Gemini Performance Solutions Inc. The company is also a pioneer on the frontier of nifties with its NFT marketplace, also operating on a .com exactly matching their brand name – NiftyGateway.com.
The majority of the companies on the list operate on the .COM extension. The term .com comes from “commercial” since the extension was designed for commercial businesses. Since its inception 36 years, ago .com has become a brand of itself.