Plato Networks

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Plato Networks - overview

Established

2004

Location

Santa Clara, CA, US

Primary Industry

Semiconductors

About

Plato Networks specializes in providing domain name services, particularly the sale of the domain "PlatoNetworks. com," aimed at businesses and individuals looking to enhance their online presence. Founded in 2004 and headquartered in Santa Clara, US, Plato Networks is focused on the sale of domain names. The company has successfully completed three funding deals, with the most recent being a Series B round in which it raised USD 17.


36 mn led by Granite Ventures, bringing the total amount raised to USD 17. 36 mn and the current company valuation to USD 24. 675 mn. The CEO of the company is Roubik Gregorian.


PlatoNetworks. com offers the domain "PlatoNetworks. com" for sale, targeting businesses and individuals who wish to improve their online presence. Customers can purchase the domain for a full price of USD 4,395 or through a structured payment plan of USD 366.


25 per month for 12 months. The services cater to a global audience, including North America, Europe, and Asia, effectively meeting the needs of entrepreneurs and established businesses alike. The revenue model of Plato Networks is primarily based on the direct sale of domain names through a B2C structure. The company earns income from one-time domain purchases and ongoing payment plans, with "PlatoNetworks.


com" being a significant asset driving revenue based on market demand. Plato Networks has strategic plans for future growth that include the development of new domain-related products and services, while also exploring opportunities to expand its market presence. Recent funding from the Series B round, amounting to USD 17. 36 mn, will support these initiatives.


The company aims to enhance its offerings and reach new geographic regions, targeting increased engagement with customers in North America, Europe, and Asia by the end of the next fiscal year.


Current Investors

Crosslink Capital, STIC Investments, Granite Ventures

Primary Industry

Semiconductors

Sub Industries

Fabless Semiconductors

Website

www.platonetworks.com

Total Amount Raised

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