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Oversee.net, the online marketing solutions company, has reached an agreement with Oak Hill Capital Partners for an investment of $150 million. While the specific terms of this transaction were not disclosed, the funding for Oversee will be used towards organic growth and the acquisition of technologies to further develop its suite of services. One of these services is DomainSponsor, which is a platform for the monetization of domains.
Other brands under Oversee's umbrella include SnapNames, Moniker, and Low.com. This late-stage funding for such a large amount is an indication that Oversee, founded in 2000, has been doing well for some time. Reportedly profitable since its inception, Oversee is looking to bring in new technologies that will take the company to the next level.