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News Bytesaid on Tuesday that its standalone domain-services business will be called Rightside Group, and it tapped Taryn Naidu, currently EVP of Domain Services, as CEO.
News Byteannounced on Monday that he will step down from the company he co-founded and launched seven years ago. Co-founder Shawn Colo will step in as board president and interim CEO after Rosenblatt’s resignation is final, effective Oct. 31 (Halloween, as it happens). Board member James Quandt has been named chairman, effective immediately.
News Bytewhich had previously raised $5.3 million from Redpoint, had lots of interest in this round, including an offer from Food Network owner Scripps Network Interactive.