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OpenRegistry gets €2m financing

Kevin Murphy, September 24, 2013, 08:52:36 (UTC), Domain Registries

New gTLD registry services provider OpenRegistry has secured €2 million ($2.7 million) in financing, the company announced yesterday.

The amount will be “spread over the coming year” and comes from, among other existing investors, Australian registrar Instra.

The Benelux-based company will also see investment from the Luxembourgish government under a ‘Young Innovative Enterprises’ scheme.

OpenRegistry is to provide back-end services for up to 19 new gTLDs and currently manages the registry for .sx, the recently launch ccTLD for Sint Maarten.

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