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Abstract business name, based on the word "cog".
The name "Cogby" has only five characters and only two syllables. Two-syllable names are extremely rare and exceptionally desirable. Successful brands using two syllable names include Delta, Walmart and Gucci.
Cogby.com is a .com domain. Dot com domains are the most valuable domain extension in the world, used by famous websites like google.com. Owning a .com says that you own the word "Cogby" online.