Directi’s Skenzo raises funding from Ashmore Group

Skenzo – a leading provider of technology, in the traffic monetization business, has raised undisclosed significant funding parting a very small stake. Skenzo is Directi Business Unit / Subsidiary.

Skenzo was the fastest growing domain parking company worldwide for 2006 & 2007. They also claim that they are globally number one in domain parking. [I am not quiet sure of this claim] Divyank Turakhia, Co-Founder of Skenzo said,

We are very bullish about the Direct Navigation Industry. We plan to deploy sizeable resources for building unparalleled technology products in the direct navigation, online traffic monetization and advertising spaces.

J. Michale Lind of Ashmore group said,

In a short span of time Skenzo has become one of the strongest players in the traffic monetization industry. We believe the Skenzo team has done a terrific job. We are very excited about this investment and are looking forward to working in close partnership with Skenzo to help further accelerate its growth and strengthen its leadership position.

Directi is doing brisk business in the domain name industry and have always offered value to customer. However, they had a glitch in their system last evening at 5:30PM which restrained customers from grabbing .asia domain names. I paid a 80% premium and bought Convergence.Asia through GoDaddy.

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