Techcrunch reports that CitizenHawk recently raised a $3M round.
CitizenHawk sells its services in two ways:
- You can purchase their typosquatter identification tools and manage the recovery process yourself.
- They acquire domains for free as long as you allow them to be an affiliate for 2 years.
We feel that this is great validation of the pain in the trademark abuse space, but I question how comfortable trademark owners would be authorizing a third party to profit from trademark misspellings.
Either way, the tools are slowly developing that enable trademark owners to combat rampant abuse online.