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07|29|2009 01:37 am EDT

Top Level Domain Holdings Raises $4.1M

by Chad Kettner in Categories: Up to the Minute

Top Level Domain Holdings, Ltd., has announced that it has raised $4.1 million in a private placement.

TLDH is currently invested in Minds + Machines, dotNYC, and DotEco and is expected to provide further funding to these initiatives in addition to supporting new TLDs and building up a reserve fund for eventual ICANN auctions in case of contending applications.

[via Minds + Machines]

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