VeriSign, Inc.
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VeriSign, Inc. - overview
Established
1995
Location
Reston, VA, US
Primary Industry
Internet
About
VeriSign, Inc. is a global provider of domain name registry services and internet infrastructure, specializing in the management of top-level domains such as . com and . net, ensuring stability and security for online businesses.
Founded in 1995 in Reston, US, VeriSign, Inc. operates in the domain name registry sector, focusing on providing reliable internet infrastructure services. The company completed its Initial Public Offering (IPO) in January 1998, raising USD 42 mn by selling 3 million shares at USD 14 per share on the Nasdaq. It has engaged in five significant deals since inception, reflecting its ongoing commitment to internet stability and security.
VeriSign is a leading global provider of domain name registry services and internet infrastructure, specializing in the management of top-level domains (TLDs) such as . com and . net. Their core product offerings include domain registration, DNS management, and security services, which ensure the reliability, security, and stability of the internet for businesses and consumers alike.
Verisign's services cater to a diverse clientele, including domain registrars and enterprises across various sectors, enabling enhanced online presence and connectivity. The company also provides Internationalized Domain Names (IDNs) to support non-Latin character sets, addressing the needs of global markets, including regions such as Asia, Europe, and the Americas. In the most recent fiscal year of 2024, VeriSign reported a revenue of USD 1,557. 40 mn and an EBITDA of USD 1,095.
10 mn. Revenue generation primarily occurs through domain name registrations, renewals, and ancillary services, operating on a subscription model with clients paying fees for domain registration and renewal services, ensuring active accessibility of their domains. VeriSign plans to expand its offerings by launching new products that enhance domain management and security features, with specific launch dates to be announced in the future. The company aims to penetrate emerging markets in Asia and Europe, seeking to establish a stronger presence by 2025.
The proceeds from their IPO in 1998 are expected to support these strategic initiatives, bolstering their capacity to innovate and serve a broader client base.
Current Investors
RVC, Softbank Capital, Comcast Ventures
Primary Industry
Internet
Sub Industries
Domain & SEO Services, IT Infrastructure, IT Security/Cybersecurity
Website
www.verisign.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
VeriSign, Inc. - 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 | Verisign’s recursive Public DNS service | - | ||||||||
| Add-on | Completed | Verisign Security Services | - | ||||||||
| N/A | Completed | 12061 Bluemont Way | - | ||||||||
| N/A | Completed | Broad Run Technology Park Building E | - | ||||||||
| Add-on | Completed | VeriSign, Inc.’s Messaging and Mobile Media Services | - |
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