According to a press release out this morning, Architelos, Inc. a consulting and software company concentrated in the new gTLD space, announced it completion of its second year of business, “earning over $1.7 million in revenue and booking sales of over $2 million dollars in consulting and software service fees in 2012″.
Its interesting to note that while Architelos is just one company to emerge in the new gTLD space you can see how the new gTLD program is already stimulating the economy.
“Architelos also expanded its footprint internationally by opening up a Canadian office in Toronto, which houses its software development efforts.
“Our financial performance and revenue growth is significant, given the fact that the company is self-funded, carries no debt, and was still able to make substantial investments in software development”
“In August of 2012, Architelos launched the patent-pending NameSentry domain abuse detection and mitigation service. Within two months, deals were inked with major portfolio companies Donuts and TLDH whose TLDs represent 22% of the new gTLD applications.
In its first year of operations Architelos’ revenue exceeded $1 million”.
Results for year two represent a 70% increase in revenues and a 100% increase in sales. “Our financial performance and revenue growth is significant, given the fact that the company is self-funded, carries no debt, and was still able to make substantial investments in software development,” said CEO, Alexa Raad.
The company ended the year on a high note with Success Magazine recognizing the company in its December 2012 issue.
Expanded International Presence
Architelos has clients in 10 countries ranging from Europe to Australia and China to the US and Canada.
The company added 15 new clients in 2012, including current gTLDs and ccTLDs, as well as new gTLD applicants. 2012 milestones for the company included the establishment of the Canadian branch office in Toronto, to house all software development efforts, and the set-up of two data centers in Los Angeles and Toronto to support its SaaS-based product suite called TLD Managed Services (TMS).
Successful launch of Registry-Specific SaaS-based Services.
Anticipating industry need for greater domain name abuse protection and reputation management, Architelos introduced NameSentry in August of 2012. NameSentry is designed to allow registries to comply with the Internet Corporation for Assigned Names and Numbers (ICANN) requirement for new gTLDs to mitigate domain abuse, and will work with any back-end registry system. It is the first product in TLD Managed Services (TMS) suite of services to be released.
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