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NEW YORK, NY – VSS, a private investment firm, today announced its investment in QuadraNet, a full-service data center provider that offers managed services, both private and public cloud solutions, IaaS deployments, and traditional colocation and IP transit services. QuadraNet’s services span across the United States in well-known peering-exchange locations, including: Los Angeles, Dallas, Miami, Atlanta, Chicago, and New Jersey. Along with physical presences in each of these locations, they also offer services out of various “virtual Points-Of-Presences” (POPs) allowing streamlined service deployments in other locations, such as New York, Virginia, Missouri, Arizona and overseas in Amsterdam.

QuadraNet was founded almost two decades ago in 2001 by Ilan Mishan. As the company grew, they became a dedicated provider in geographically diverse bespoke services, known historically for their competitive offerings in the colocation marketplace. From single-server rackspace offerings, cabinet space (fractional and full cabinets), all the way to fully tailored private suites that are built out of compliance and client requirements.


Additionally, QuadraNet is well-known in the marketplace for Infrastructure-as-a-Service (IaaS) solutions; now available both in a traditional fashion as well as with virtualization options that provide clients with unwavering flexibility when it comes to delivering the right solution for the specific service role and performance requirements.

QuadraNet’s long-standing history has always been intrinsically involved in the bandwidth and IP Transit marketplace. Through the relationships formed organically over time with all the major carriers in their strategically located data centers that are well-known peering-exchange points, QuadraNet effectively leverages their relationships and history to provide unparalleled Layer 2 IP Transport and Layer 3 IP Transit solutions to their clientele through the most popular and sought out carriers in the market, both domestic and international (e.g. Equinix, Zayo, Coresite, Telefonica).

Lastly, an increasing amount of QuadraNet’s growth has been driven by their focused efforts expanding from the SMB space into offering high-quality Enterprise Solutions; deployments that are completely architected for meeting the higher-availability requirements and compliance requirements of a wide-range of enterprises and industries.

“We look forward to working with the VSS team, leveraging their experience in IT and cloud services to propel QuadraNet’s growth,” said Ilan Mishan, CEO of QuadraNet, further elaborating, “VSS’s investment will be key in expanding geographically and providing our clients with even higher levels of service and satisfaction.”

Trent Hickman, VSS Managing Director, added, “QuadraNet has grown impressively and we see a terrific opportunity to assist them in further expanding their reach and deepening their penetration of existing markets. We are thrilled to partner with Ilan Mishan and the strong team he has built over the years. We’re excited to leverage our experience in their next phase of strong growth.”

VSS has over 25 years of experience in the IT services sector, with prior investments including Coretelligent, a provider of comprehensive IT and private cloud services; Hostway, a provider of web hosting solutions; and IT-Ernity, a provider of mission-critical managed hosting services in the Netherlands.

About VSS
VSS is a private investment firm that invests in the information, education, healthcare, and tech-enabled business services industries. VSS provides capital for growth financings, recapitalizations, strategic acquisitions and buyouts to lower middle market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately-negotiated investments across the capital structure and has the ability to invest in situations requiring control or non-control equity, mezzanine securities and structured equity securities.

About QuadraNet
QuadraNet, Inc. is a full-service data center provider headquartered in downtown Los Angeles, California — one of the most well-regarded peering-exchanges locations. Their data center locations include the cities of Los Angeles, Dallas, Miami, Atlanta, Chicago, and New Jersey. QuadraNet’s exclusive services and large portfolio of services, all engineered and optimized with their proprietarily developed Intelligent Monitoring Platform (IMP) include infrastructure as a service (IaaS) deployments; colocation and data center space of all sizes; both managed services and remote hands services; public and private cloud service offerings; bespoke enterprise-architected solutions, and traditional dedicated services and IP Transit services that have high-capacity backbones world-wide.

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SAN ANTONIO, TX – Rackspace® announced it has acquired RelationEdge®, a full-service Salesforce Platinum Consulting Partner and digital agency that helps clients engage with their customers from lead to loyalty by improving business process, leveraging technology, and integrating creative digital marketing.

Software-as-a-service (SaaS) applications like Salesforce® are a growing component of many companies’ digital transformation journey. With this acquisition, Rackspace expands its ability to be a preferred partner for managing a customer’s complete application portfolio through continuous transition to modern technologies, including SaaS applications. Rackspace has built one of the industry’s broadest portfolios of IT services and expertise across applications, data, security, and infrastructure.


“We have acquired RelationEdge in response to the growing demand we’re hearing from customers,” said Gerard Brossard, EVP and general manager of Rackspace Application Services. “Enterprise and midmarket companies are increasingly deploying SaaS applications to enhance business processes across many departments, from sales and marketing to customer service, operations, HR, and finance. These applications are powerful, but also complex to implement and costly to continually keep up-to-date. RelationEdge further extends Rackspace’s unrivaled portfolio and expertise to help companies navigate and operate in the world of ever-changing IT.”

“The line between managed services and professional services is blurring. Enterprise customers want a trusted advisor who can help them navigate their end-to-end digital transformation journey as they adopt next generation SaaS environments” said Michelle Bailey, Group Vice President, General Manager and Research Fellow, IDC. “Rackspace’s acquisition of RelationEdge addresses this enterprise customer need and fits the evolving company strategy to be a leading IT services provider.”

Based in San Diego, CA where it was founded in 2013, RelationEdge has since opened offices in a dozen cities across the U.S. It is a growing and profitable business with 125 employees. Rackspace intends to operate the business with considerable independence under its current leadership and the RelationEdge brand, which is well known and respected among Salesforce’s leaders and customers.

“We are very proud of what we’ve built,” said Matt Stoyka, RelationEdge founder and CEO. “We’re also excited about what we still can achieve in this fast-growing market by joining forces with Rackspace. The two companies are a great fit culturally as both differentiate themselves through exceptional customer service. RelationEdge’s Process First, Technology Second® approach perfectly complements Rackspace’s approach to provide unbiased expertise across all leading technologies and to deliver the best-fit solution for each customer’s unique needs.”

“We are happy to see Rackspace and RelationEdge come together,” said Kori O’Brien, Senior Vice President, North America Alliances & Channels at Salesforce. “RelationEdge has been a valuable partner in the Salesforce ecosystem. The combination of RelationEdge’s unique process-first approach to solving business problems, and Rackspace’s transformation and technology expertise, will allow both companies to provide greater service and solutions to fuel customer success.”

Both companies are privately held, with Rackspace owned by affiliates of certain funds of Apollo Global Management, LLC and certain co-investors. RelationEdge was owned by its founders, its regional market leaders, and Tide Rock Ventures. Financial details are not being disclosed.

About Rackspace
Rackspace is a leading provider of IT as a service in today’s multi-cloud world. It delivers expert advice and integrated managed services across applications, data, security and infrastructure, including public and private clouds and managed hosting. Rackspace partners with every leading technology provider, including Alibaba, AWS, Google, Microsoft, OpenStack, Oracle, SAP, and VMware. The company is uniquely positioned to provide unbiased expertise on which technologies will best serve each customer’s needs. Rackspace was named a leader in the 2018 Gartner Magic Quadrant for Public Cloud Infrastructure Managed Service Providers, Worldwide and has been honored by Fortune, Glassdoor and others as one of the best places to work. Based in San Antonio, Texas, Rackspace serves more than 140,000 business customers, including most of the Fortune 100, from data centers on five continents. Learn more at rackspace.com.

About RelationEdge
RelationEdge is a Salesforce Platinum Consulting Partner and Digital Agency that helps companies implement, customize and integrate Salesforce, and provides ongoing services and support to continually adapt the platform to meet changing business requirements. RelationEdge uses marketing and technology to get from lead to loyalty. For more information, please visit relationedge.com.

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REDWOOD CITY, CA & LONDON – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it will expand its LD4 International Business Exchange™ (IBX®) data center at its London Slough campus. The new phase supports the continued growth of the world’s largest multi-asset class electronic trading ecosystem which consists of a robust collection of interconnected execution venues, trading platforms, market data vendors, service providers, buy-side firms, and sell-side firms. The new $39 million USD (£29M GBP) expansion is scheduled to open Q4 2018.

The new expansion of the LD4 data center will enable customers to interconnect securely with 1,000+ businesses in London including leading capital markets participants, insurers and electronic payments firms, as well as 200+ network service providers and 275+ cloud and IT service providers. Today LD4 has 3,777 cabinets in approximately 10,000 square meters of colocation area; the expansion will add an additional 1,075 cabinets in approximately 3,300 square meters of colocation area.


Leading financial services companies such as Nasdaq leverage Equinix’s global interconnection platform — Platform Equinix™ — to securely transact with ecosystem participants. As the creator of the world’s first electronic stock market, Nasdaq has deployed with Equinix in LD4 in London, as well as New York City for close proximity to customers and partners who demand high performance, low latency connectivity. This private connectivity allows for sharing large amounts of data with multiple stakeholders through private business exchanges, securely bypassing the public internet completely.

According to the Global Interconnection Index, interconnection bandwidth in Europe is expected to grow to reach 1450+Tbps by 2020, contributing more than a quarter of interconnection bandwidth globally. Banking and Insurance is expected to grow to reach 955+ Tbps of interconnection bandwidth by 2020. Furthermore, London is set to quadruple its private data exchange from 114 Tbps to 486 Tbps.

With over 90 network service providers and access to a range of transatlantic cables, the London Slough campus is one of the busiest network nodes in the UK, and offers latency in the region of 30 milliseconds to New York and 4 milliseconds to Frankfurt, making it an ideal high-performance hub for electronic trading, as well as cloud and content service provision.

Equinix will be hosting a full day event on May 16 in London called “Innovation through Interconnection”. The event will feature presentations and panel discussions on trends such as how multicloud and hyperscale computing, IoT and digital payments are changing the way businesses operate and interconnect. Speakers include executives from Nasdaq, Cobalt, JustEat, European Connected Health Alliance, CGI, Jaguar Land Rover, Hitachi Vantara, Perform Media and Colt. For more information, visit https://eqix.it/ITI18

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most-interconnected data centers. In 52 markets worldwide, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. www.equinix.com.

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RESTON, VA & HOCKESSIN, DE – Internap Corporation (NASDAQ:INAP), a leading provider of high-performance data center services including colocation, cloud and network, and DediPath, a provider of infrastructure as a service (laaS), today announced a multi-year colocation and IP transit agreement in INAP’s New York/New Jersey metro area data center.

DediPath is committed to providing 100% uptime across its network infrastructure, with continuous availability and functionality.


“With the expansion of our service offerings we needed to find a facility that could both support our rapid growth as well as provide redundant infrastructure and 100% uptime. INAP’s Secaucus facility fit the bill for us with its purpose-built data center”, stated Ernie Quick, DediPath’s CTO.

“Additionally, with INAP’s ‘Performance IP mix’ DediPath is able to provide high bandwidth and low latency servers with up to 10Gbps connectivity,” said Quick.

“INAP is pleased to welcome Dedipath as a customer in our New York/New Jersey metro area data center,” said Corey Needles, INAP USA’s Senior Vice President and General Manager. “INAP data centers are a strong fit for companies in the IaaS space. These customers recognize INAP meets their infrastructure needs due to our patented, route-optimized connectivity to the cloud exchanges, high power density and agility to rapidly stand up a footprint which enables them to hyper-scale their infrastructure as they grow.”

About INAP
Internap Corporation (NASDAQ:INAP) is a leading provider of high-performance data center services, including colocation, cloud and network. INAP partners with its customers, who range from the Fortune 500 to emerging start-ups, to create secure, scalable and reliable IT infrastructure solutions that meet the customer’s unique business requirements. INAP operates in 57 primarily Tier 3 data centers in 21 metropolitan markets and has 98 POPs around the world. INAP has over 1 million gross square feet under lease, with over 500,000 square feet of data center space. For more information, visit www.inap.com.

About DediPath
DediPath is a provider of infrastructure as a service (IaaS) offering dedicated server hosting, virtual private servers, hybrid servers, colocation, and managed services. With a collective 50+ years in IT, managed services, and colocation experience DediPath’s founders are focused on creating a strong brand that is focused on providing the best service and support at a highly competitive price.

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DALLAS, TX – Server Density, a provider of proactive infrastructure monitoring for cloud, servers, and websites, is merging with StackPath, a leading secure edge services platform provider. Server Density enables users to monitor their websites and servers in the cloud or on-prem from a single console and API to easily diagnose problems, maintain uptime and maximize server performance. The service will be integrated and offered as part of the StackPath platform in the very near future.

“We’re thrilled to have Server Density become part of our company. It’s a perfect fit,” said Lance Crosby, founder, chairman and CEO of StackPath. “StackPath has the highest commitment to providing our customers frictionless services, complete visibility into their solutions, and building strong relationships with the open source community and the industry at large. Server Density has followed the same commitments as it built exceptional technologies that are second to none and grew operations at cloud scale.”


The Server Density monitoring agent is installed on millions of servers, collecting more than 12-billion metrics each day. The service has more than 100 official integrations with other solutions and platforms, processes more than 300TB of data per month and has availability probes in more than 28 different geographies. Its 1,000+ customers across 75 different countries span all sizes and industries, such as and including the UK’s National Health Service (NHS), eCommerce company Firebox, and online game platform Stormancer.

“We created Server Density out of the frustration that monitoring tools were either too expensive, too complex, or both,” David Mytton, Server Density co-founder and CEO said. “It’s gratifying to see how well our tools have been received, not only by customers, but by developers and companies that have built on the code that we’ve open sourced. My team and I are excited to bring Server Density into the StackPath platform and accelerate even more evolutionary ways to leverage these technologies.”

In addition to its monitoring service, in 2016 Server Density created HumanOps, a community that gets people talking about the human aspects of running infrastructure. Companies such as Spotify, PagerDuty, Yelp and Facebook have contributed to sharing ideas and best practices for life on call, dealing with technical debt, fatigue and stress at events around the world, including the UK, US, France, Germany, Poland and more.

“HumanOps is a brilliant and long overdue resource for cloud workers and companies. This industry is evolving faster than any before it, requiring operations of unprecedented scale and solutions at unbelievable speed,” said Mr. Crosby. “It takes its toll on people—humans don’t have a 100% uptime SLA. We’re looking forward to doing even more with HumanOps as part of StackPath.”

In December 2015, Server Density raised $1.5 million in seed funding led by SP Ventures. They previously had raised €50k from Seedcamp and funding from angel investors Christoph Janz, Dick Williams, Qamar Aziz, and others. Financial details of the transaction are not being disclosed. Moving forward, the Server Density team in London will serve as the core of StackPath monitoring service team and London will become StackPath’s European headquarters.

About StackPath
StackPath is a platform of secure internet services including CDN, WAF and DDoS mitigation built at the cloud’s edge. StackPath services enable developers at organizations of any size to build protection and performance into any cloud-based solution—from SaaS to web publishing, gaming, media streaming and beyond—without needing cloud security and delivery expertise of their own. More than one million customers, ranging from early-stage companies to Fortune 100 organizations, use StackPath services. Headquartered in Dallas, Texas, StackPath has offices across the U.S. and around the world. For more information, visit stackpath.com and follow StackPath at www.fb.com/stackpathllc and www.twitter.com/stackpath.

About Server Density
Server Density offers SaaS-based scalable infrastructure monitoring to help businesses save time and money. With advanced server and website monitoring alerts, graphing tools and integrations with all major cloud service providers, Server Density’s robust and scalable solution helps businesses and IT operations teams be more responsive to issues, make their websites faster and minimize downtime. Founded by David Mytton in 2009 and based in London, Server Density monitors mission critical IT infrastructure for more than 1,000 customers.

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The spending on data center infrastructure hardware in India is expected to reach $2.7 billion this year, up 2.6% from a year before, as per the leading analyst firm Gartner. The data center infrastructure hardware is divided into three segments: Servers, External controller based storage, and Enterprise network equipment. The growth in spending on data center infrastructure hardware will be driven by the rise in spending on the enterprise networking equipment. As companies modernize their wide area network (WAN) and local area network (LAN) infrastructure to support the digital transformation initiatives, the spending on enterprise networking equipment will grow by 10%, from $1.31 million in 2017 to $1.44 million in 2018. “Digital business initiatives are forcing infrastructure and operations leaders in India to adopt a hybrid IT infrastructure model that can deliver reliable, innovative and cost-effective solutions to the business in a timely manner,” said Santhosh Rao,…
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