 Gandi was founded as a domain registrar in April 2000 by Valentin Lacambre, Laurent Chemla, Pierre Beyssac and David Nahmias.In 2005 following internal struggles in management, ownership and management of Gandi was sold to a team led by Stephan Ramoin (formerly of MultiMania/Lycos), and investors Joe White, Eirik Pettersen (co-founders of the online website building service Moonfruit), and Warren Stephens.In 2008 Gandi launched a Xen-based VPS cloud hosting service, based on a system of "shares" and scalable resources that can be adjusted in real time.