LetMobile
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LetMobile - overview
Location
Rockville, MD, US
Primary Industry
Telecoms
About
LetMobile specializes in providing premium domain names, particularly the LetMobile. com domain, aimed at businesses enhancing their mobile presence across diverse industries. LetMobile offers premium domain names, focusing on the domain LetMobile. com tailored for technology and telecommunications sectors.
The company is headquartered in Rockville, US. In May 2014, LANDesk Software, a portfolio company of Thoma Bravo, acquired LetMobile; financial terms were not disclosed. The founder’s history is not available. LetMobile.
com specializes in offering premium domain names tailored for businesses aiming to strengthen their online presence, particularly in mobile sectors. The core offering revolves around the sale of the LetMobile. com domain, designed for companies in technology, telecommunications, retail, and healthcare, among others. This domain is characterized by its modernity and versatility for applications like mobile apps and optimized websites.
It is marketed mainly to clients in North America, Europe, and Asia, focusing on markets with high mobile technology adoption. LetMobile. com operates a revenue model based on the one-time sale of its domain name, followed by annual renewal fees through registrars. Customers typically express interest in acquiring the domain, initiating a secure payment process.
The pricing reflects the premium nature of the domain, facilitating differentiation in a competitive online marketplace. Its clientele ranges from startups to established corporations, reinforcing its presence in mobile-focused sectors. LetMobile plans to leverage its acquisition by LANDesk Software to expand its offerings, focusing on enhancing the existing domain services and exploring new products related to mobile engagement. The company aims to enter new markets in Europe and Asia by the end of 2025, capitalizing on growing mobile technology adoption.
The funds from the acquisition will support these strategic initiatives.
Current Investors
LANDesk Software Ltd.
Primary Industry
Telecoms
Sub Industries
Website Hosting, Telecoms Providers & Services
Website
www.letmobile.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
LetMobile - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | LetMobile | - |
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