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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.[10] 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.[11]
GoDaddy has rich shared hosting plans, but HostGator still reigns as the PCMag Editors' Choice for shared web hosting services. Like GoDaddy, HostGator boasts unlimited domains and monthly data transfers across the board, and a choice of Linux- or Windows-based servers, but it tops its rival by offering a VoIP number for your business and unlimited storage with all plans.
On September 10, 2012, a major networking failure caused by corrupted router tables resulted in a DNS outage intermittently affecting millions of customers' sites for a period of 4.5 hours.[125][126] Initial reports attributed it to a DDOS attack. This claim was disputed by Wagner, who stated that the isolated incident was due to internal mistakes that led to corrupt data tables. Wagner stood by the quality of GoDaddy's infrastructure, citing a 99.999% uptime.[127] GoDaddy later said in an apology e-mail to its customers on September 14, 2012, that the outage was due to the corruption of router data tables,[128][129] confirming indications that millions of web sites and e-mails were affected.
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