Internet Software and Services
Company Overview of eNom Inc.
eNom Inc. operates as a wholesale domain name registrar. The company enables individuals and organizations to buy and sell Internet domains and related services. It also enables clients to sell complementary online services, such as private WHOIS registration, SSL certificates, hosting, and email; and create email addresses and manage their inbox. In addition, the company provides Web hosting services to start a blog, launch an online store, and establish an online presence for businesses. It offers its solutions through resellers. The company was founded in 1997 and is headquartered in Kirkland, Washington. eNom Inc. operates as a subsidiary of Rightside Group, Ltd.
5808 Lake Washington Boulevard NE
Kirkland, WA 98033
Founded in 1997
Key Executives for eNom Inc.
Chief Executive Officer and Director
Chief Executive Officer of Demand Media
Compensation as of Fiscal Year 2014.
eNom Inc. Key Developments
Rightside Group, Ltd. Enters into Amendment No. 1 to Credit Agreement
Aug 15 14
On August 12, 2014, Rightside Group, Ltd. entered into an Amendment No. 1 to Credit Agreement by and among the Company, its domestic subsidiaries Rightside Operating Co. and eNom, Incorporated and its foreign subsidiaries DMIH Limited, United TLD Holdco Ltd. and Rightside Domains Europe Limited and Silicon Valley Bank as lender. The Amendment amends the terms of the Company’s existing Credit Agreement, dated as of August 1, 2014, by and among the Borrowers and SVB.
Rightside Group, Ltd., Rightside Operating Co., eNom, Incorporated, DMIH Limited, United TLD Holdco Ltd and Rightside Domains Europe Limited Enter into A Credit Agreement and Related Security and Other Agreements
Aug 7 14
On August 1, 2014, Rightside Group, Ltd., its domestic subsidiaries Rightside Operating Co. and eNom, Incorporated and its foreign subsidiaries DMIH Limited, United TLD Holdco Ltd. and Rightside Domains Europe Limited entered into a credit agreement and related security and other agreements for a $30,000,000 senior secured revolving loan facility (the SVB Credit Facility) with Silicon Valley Bank (SVB) as lender, including a subfacility of $15,000,000 available for the issuance of letters of credit. Loans to the U.S. Borrowers are subject to a sublimit of 2.5 times the Company's consolidated domestic EBITDA (as determined under the SVB Credit Facility). On August 1, 2014, letters of credit with a face amount of $10,975,000 that were previously issued under the credit agreement of Demand Media Inc. were deemed to be issued under the SVB Credit Facility and the Company assumed all obligations to SVB related thereto. Borrowings under the SVB Credit Facility bear interest at a rate per annum equal to, at the Company's option, either: (i) a base rate determined by reference to the higher of: (a) the prime rate; (b) 0.50% per annum above the federal funds effective rate; and (c) the Eurodollar base rate for an interest period of one month plus 1.00%, plus a margin ranging from 1.00% to 1.50%, depending on the Company's consolidated senior leverage ratio (as determined under the SVB Credit Facility), or (ii) a Eurodollar base rate determined by reference to LIBOR for the interest period equivalent to such borrowing adjusted for certain reserve requirements, plus a margin ranging from 2.00% to 2.50%, depending on the Company's consolidated senior leverage ratio (as determined under the SVB Credit Facility). Interest on the revolving loans is payable at the end of the applicable interest period for Eurodollar loans, but at least quarterly, and quarterly for base rate loans. The company is also obligated to pay other customary closing fees, upfront fees, commitment fees and letter of credit fees for a credit facility of this size and type.
eNom, Inc. & DreamHost Announce Hosting and Domain Partnership
Jul 31 13
eNom Inc. and DreamHost announced a strategic partnership between the two companies. As part of the agreement, DreamHost will utilize the eNom reseller platform to manage its existing domain name business and new gTLDs as they become available. Additionally, eNom will provide its clients access to the DreamHost hosting platform including virtual private servers (VPS), dedicated servers, and cloud hosting. This collaboration marks the two companies' continued dedication to the launch of new gTLDs this year, which will give rise to the release of new domain extensions in a few short months. In an effort to support this new phase, eNom will begin to promote DreamHost's services through its retail business by October 1, 2013.
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