Domain investment platform Efty.com has announced that DomainSherpa.com publisher Michael Cyger has invested in the company and will work with Efty Founders Doron Vermaat and Lionel Petitiaux to advance domain name investing. The Efty announcement said "this funding round will fuel continued growth in sales, marketing and product development for Efty in the multi-billion dollar domain name investing market...Demand for the resale of domain names is fueled by the more than 8 million businesses that start up each month around the world, most of which need a website and domain name."

Efty describes its service as one that "helps investors manage their domain investment portfolio, providing clear insight on performance while helping to boost leads, sales and revenue." Cyger said, "I've tracked the evolution of Efty for two years and am excited to join the team in creating the future of domain name investing. With the right tools domain name investing can be very profitable. I have no doubt that Efty will be the one indispensable tool that every professional investor will need."

Doron Vermaat, Efty's Head of Product, added, "We are excited to have a seasoned publisher like Michael join Efty as both an investor and team member because of his award-winning educational and publishing background, as  

Michael Cyger

well as his financial services experience at both GE Capital and Citigroup. We see the opportunity that exists to empower investors to take control of their financial independence by investing in domain names and we have defined the roadmap to achieve this goal."

Efty.com's Executive Team