Developer Godaddy says it has raised $50 million to help it create a secure payment platform for its users, including a platform for people to register to vote, to prevent election fraud and for people living abroad to vote in their home countries.
The money will be used to launch a secure platform to process payment requests and make the site easier for developers to manage and secure.
The company said Tuesday it will invest $25 million in a new security technology company to help secure the platform and improve its infrastructure.
In a release, Godaddy said it is investing in an “open, peer-to-peer network” to help develop the secure payment system, which will be a part of the company’s long-term investment strategy.
It will also expand its user base, expanding its customer base through “a combination of acquisitions and internal growth.”
Godaddy has raised more than $25 billion since its inception, with the first round of funding last year valued at $6.6 billion.
The website was launched in 2014, with a goal of making it easier for people in developing countries to access the internet and help people with their daily life.