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
Are they still charging $99 to sign up?
I have been observing this service Industry for some time now to see who innovates to the point of an almost seamless experience of a fully developed site.
Does WhyPark.com have a good revenue sharing program?
@ Antoinette & Jeff –
WhyPark is very different from traditional parking companies. You pay $99 to host up to 50 domains, and then keep all of the revenue.
Stumbled on one of their “creations” tonight
http://www.landlordhelp.com. . .
It looks like the landlordhelp.com site just isn’t setup yet, so it redirects back to WhyPark. Here’s a live example site: http://www.acceleratedpayments.net/
This is the perfect sort of angel investment. Alan knows the company as he’s a customer, he obviously see’s the benefits of the offering to its clients and is in the position to offer his expertise as well as the capital to grow the company.
A great deal for all concerned on the face of it.