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GoDaddy was founded in 1997 in Baltimore, Maryland, by entrepreneur Bob Parsons. Prior to GoDaddy, Parsons sold his financial software services company, Parsons Technology, to Intuit for $65 million in 1994. Parsons came out of his retirement in 1997 to launch Jomax Technologies, which later became GoDaddy Group Inc. GoDaddy received a strategic investment from private equity funds, KKR, Silver Lake, and Technology Crossover Ventures.

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