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GoDaddy was founded in 1997 in Phoenix, Arizona, by entrepreneur Bob Parsons. Prior to founding GoDaddy, Parsons had sold his financial software services company Parsons Technology to Intuit for $65 million in 1994. He came out of his retirement in 1997 to launch Jomax Technologies which became GoDaddy Group Inc. GoDaddy received a strategic investment, in 2011, from private equity funds, KKR, Silver Lake, and Technology Crossover Ventures.The company headquarters was located in Scottsdale, Arizona up until April 2021, when then moved to Tempe, Arizona.
Company name
In 1999, a group of employees at Jomax Technologies were brainstorming and decided to change the company name. One employee said, "How about Big Daddy?" However, the domain name had already been purchased, so Parsons replied, "How about Go Daddy?" The name was available, so he bought it. Parsons said that the company stuck with the name because it made people smile and remember it. The company changed its name branding from "Jomax Technologies" to "GoDaddy" in February 2006.GoDaddy's original logo featured a cartoon-styled man with messy hair wearing sunglasses. In January 2020, GoDaddy unveiled a new logo with a simple, sans-serif type accompanied by a heart-shaped design that spells out "GO".
Company growth
In 2001, soon after Network Solutions was no longer the only place to register a domain, GoDaddy was approximately the same size as competitors Dotster and eNom.In April 2005, GoDaddy became the largest ICANN-accredited registrar on the Internet.As of 2018, GoDaddy is the world's largest web host by market share, with over 62 million registered domains.In March 2018, Amazon Web Services announced that GoDaddy was migrating the vast majority of its infrastructure to AWS as part of a multi-year transition.
