Tuesday, April 29, 2008

WhyPark offers an innovative alternative to traditional domain parking got funding

What Company Is Offering:
WhyPark offers an innovative alternative to traditional domain parking. It delivers relevant and up-to-date information to generate niche-based visitor traffic. As a result, it creates value for domain names in addition to continual advertising revenue for domain owners.

How Much They Got From VCs:

WhyPark's new investment comes from one of its clients is revealing. Users seem to agree with the company's model and many say they are profiting from it.

"Being one of the first customers of WhyPark, I was amazed at how quickly Craig Rowe developed a user friendly platform which drastically increased the monetization of my domain portfolio," explained Macomber. "The rapid pace of improvements to the WhyPark platform over the last two years has been incredible. The keyword research function, the WhyPark ad feed, image driven templates, SEO tools, as well as the traffic, click and revenue tracking features have all been funded by the company's internal cash flow."

Macomber believes his investment, combined with talented management, will enable this early growth stage company to become a leader in the monetization of large domain portfolios. "When the new development program underway at WhyPark is finished, domain investors will be provided with an incredible suite of tools to quickly build out a website which provides a great user experience and a generous revenue stream," Macomber pointed out.

WhyPark currently hosts over 41,000 domains and says that owners of those sites can expect to see upgrades to the platform as a result of the new investment in the coming months.

More at:www.WhyPark.com

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