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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Bhavin Turakhia’s Titan Raises $30 Million from Automattic to Re-invent Professional Email for Web Presence Providers
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The
latest enterprise
of serial entrepreneur Bhavin
Turakhia - Titan
- has just taken a major step
forward with a $30 million
investment from WordPress
parent Automattic
(a Series A investment that values
Titaln at $300 million).
Titan's ambitious mission is to
provide the next generation of email
for customers of web hosting providers, site builders and domain registrars.
Bhavin, of course, has already
scored big wins as the innovative
founder of Radix,
Flock
and Zeta
and Titan looks to be on the same
high speed track.
Titan
was born out of a vision to
re-invent email, specifically
to meet the needs of the small
business customers that are
starting with their web presence.
As Titan's Founder and CEO,
Turakhia noted, “For far too
long, customers looking to get
started with their web presence
with their own domains and hosting
have had no good options in terms
of getting a great email
experience. They’ve either had
to contend with legacy platforms
built more than a decade ago
or buy prohibitively expensive
solutions from Google and
Microsoft. Titan is here to
change that.”
Over
the past two quarters, Titan has
become available to all customers
of WordPress.com, Hostgator
Latin America, and Hostinger.com,
with more globally reputed hosting
brands set to launch Titan
shortly. Titan works with the
leading hosting and site builder
platforms globally to provide an
Integrated Email experience that
enables users to set up and access
email along with their website.
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Bhavin
Turakhia
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A
Titan news release today said that
by partnering with Titan and
offering customers an email
experience that meets their
specific needs, Web Hosts and
Domain Registrars can double
their profits. Through Titan's
plugins, the Titan control panel
can be integrated into hosting
control panels and WordPress with
the potential to drive a 3x
lift in email attach rates.
Titan
WordPress plugin |
Titan also claims these advantages over existing solutions:
-
Increasing email
deliverability, improving NPS - with a flawless IP reputation and an advanced abuse prevention process, Titan can guarantee email deliverability, reducing customer complaints and driving a higher NPS.
in developed markets.
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Improving customer engagement and reducing customer churn by 5% - by integrating the Titan into your own hosting panels, Titan partners can see a 100x lift in logins to their website and higher customer renewals from the increased usage.
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Increasing brand engagement 100x - in providing hero branding to partners, partners can capitalize on their customer's daily email use and stop forfeiting that top-of-mind brand recall to Google and Microsoft.
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Custom packaging and pricing
- Titan puts its partners in control of pricing, enabling them to offer Titan through freemium bundles, low-cost stand-alone offerings in developing markets, or premium packages in developed markets.
Turakhia said, "Our partners are the key to our strategy, and I’ve found that working with partners that truly care about giving their customers the best experience ultimately have the best revenue outcomes as well. This investment reinforces our commitment to our partner-first philosophy.
Titan's
Hero interface |
Automattic Founder and CEO Matt Mullenweg added, "We are excited to make our largest strategic investment to date in Titan, and we are working to integrate it deeply on WordPress.com as a tool to help customers build a professional brand online. We believe in Titan’s potential to create a world-class suite of productivity tools that offer an in dashboard, customized user experience, in which it gives users and partners ownership and control over their personal
data.”
Titan plans to leverage the investment to
deepen and expand its product suite
to deliver even greater value to its current and future customers.
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(Posted
August 3, 2021)
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