MagSil Corporation

MagSil Corporation specializes in the sale of premium domain names, focusing on the unique domain MagsIl. com, which provides valuable digital assets for businesses and individuals seeking to enhance their online presence. Founded in 2004, MagSil Corporation operates from Santa Clara, US, and focuses on domain name sales. The company raised Series B financing in June 2007, led by Entrepia Ventures, with participation from New Science Ventures and BlueRun Ventures.

It has completed a total of 1 deal to date. The primary offering of MagSil Corporation is the sale of premium domain names, specifically the domain MagsIl. com, currently listed at a price of USD 4,295. This domain serves as an online asset for businesses and individuals looking to enhance their brand visibility or engage in e-commerce.

Customers can choose various payment options including an interest-free plan that allows payments of USD 178. 96 per month for 24 months. The company targets a wide client base, including entrepreneurs and established businesses, particularly in North America and Europe. MagSil Corporation generates revenue by directly selling domain names, with transactions allowing clients to either make a one-time payment or opt for flexible payment plans.

The company offers a 30-day money-back guarantee, ensuring customer satisfaction. This approach fosters trust among buyers and supports ongoing engagement, establishing MagSil as a participant in the domain sales market. MagSil Corporation plans to introduce new products in the domain name sector, although specific release dates are not disclosed. The company is targeting expansion into emerging markets in Asia by the end of 2024.

The recent funding from the Series B round in June 2007 will be utilized to support these growth initiatives, allowing for an increased marketing presence and enhanced customer service capabilities.