An internet hosting company with a Google+ community of over 15 million has raised $10.5 million in seed funding, according to Axios, which has a team of 12 people and operates in the space.
The company, called GoDaddy, will reportedly start using the funds to scale up and expand its hosting business, with plans to expand to more cities.
The funding will go towards expanding its customer base, adding more hosts to the mix and increasing the company’s ability to serve its users’ needs.
The $10 billion market for internet hosting is worth more than $30 billion, according the research firm iSuppli, and has seen growth from Google’s own Chrome browser, which allows users to run multiple sites on their computers.
The startup was founded by Mark Siegel, who is the founder and CEO of SAG-AFTRA, a labor union that represents companies that provide jobs to the U.S. and overseas.
Siegel has worked with Google, Facebook and others to bring the technology that powers internet hosting to a wider audience.
Siegel said he was inspired by Google to try to find a way to get people to use internet hosting services that didn’t require expensive servers.
He was not sure what he could do with the money he raised.
Sag-AFTA is a union for large companies that provides support for workers and employees in their jobs.
GoDaddy’s goal is to take internet hosting from a hobbyist hobby to a profitable enterprise, he said.
“This is the kind of business that we can take seriously,” Siegel said.
“It’s the kind that’s going to create jobs and it’s the type of business we’re going to be able to sustain.”
GoDaddy says it will continue to hire employees and keep expanding its services.
It plans to create a full-time position to provide support to its employees and expand the service to more markets.
GoDaddy’s initial goal is for its customers to spend $1,000 per month to access the service, Siegel told the Wall Street Journal.
The company has said that it plans to provide free hosting for some users, though it’s unclear how much.