Domain name parking alternative gets funding, announces new ad network.
Auto-generated web site company WhyPark, which provides an alternative to standard domain parking, has received an infusion of angel funding from one of its customers. Domain Name Wire has learned that the investment totals $230,000 and will be used to further enhance WhyPark’s service.
[For those not familiar with angel funding, it typically represents investments by high net worth individuals and is less than what venture capital companies usually commit.]
One of WhyPark’s first customers, Alan Macomber, made the investment. WhyPark currently has 41,000 domains hosted on its system.
Separately, the company announced that it now has an integrated ad network. Previously, customers had to use their own Google Adsense or similar code to generate revenue from domains at WhyPark. WhyPark also inked a deal with Austin-based Click Forensics to ensure the integrity of its advertising network. I’m not aware of any other domain-related company that has signed a similar deal to cut down on click fraud.
Previous coverage of WhyPark: Auto-Generated Web Sites, Part 2