SingleHop

SingleHop LLC. is an IT hosting company and services provider based out of Chicago, Illinois, USA. The company has data centers in Chicago, Arizona, and the Netherlands. SingleHop provides bare metal dedicated servers, public and private clouds, as well as managed services to more than 4,000 clients in 114 countries.[1]

SingleHop, LLC
Private company
IndustryCloud Computing Provider
Founded2006 (2006)
Founder
  • Zak Boca * Dan Ushman
Headquarters215 W. Ohio St. 5th Floor
Chicago, Illinois  60654
Key people
  • Andy Pace * Mark Cravotta * Jordan Jacobs
ProductsBare metal servers, public clouds, private clouds, hybrid clouds, IT managed services
Number of employees
175
Websitewww.singlehop.com

Inc. Magazine named SingleHop the 25th fastest-growing U.S. company in 2011. In 2012, the company raised $27.5 million in venture funding from Battery Ventures. [2]

History

In 2003, Zak Boca and Dan Ushman founded the shared hosting platform midPhase. As midPhase became more successful, both Zak and Dan noticed their customers wanted to grow past the limitations found with shared web hosting. To avoid the limitations found in shared hosting, many customers began to make the move to dedicated server hosting. Unfortunately for Zak and Dan, midPhase did not provide dedicated hosting, nor could the brand expand to include dedicated server hosting. Therefore, in 2006, SingleHop was started as means to give midPhase's current customers a chance to expand into dedicated servers without moving to a completely new service provider. [3] A year later, midPhase was sold to UK2 Group,[4] and both Zak and Dan focused on building up SingleHop.

By 2008, the company generated $2.8 million in revenue. In 2011, SingleHop's revenue jumped to $22 million.[5]

In 2012, the company raised $27.5 million from Boston-based Battery Ventures.

On Feb 28, 2018 SingleHop was acquired by Internap for $132 million in cash.

Product

SingleHop operates an infrastructure-as-a-service and managed hosting services business model. The company provides a variety of IaaS services, and managed services, both backed by high levels of automation.

LEAP, the company's management platform, allows clients to manage IT infrastructure such as bare metal servers and cloud products from a single platform. [6]

Awards and recognition

Inc. Magazine named SingleHop as one of the fastest growing U.S.-based companies in 2010, 2011 and 2012. [7]

In 2012, the company was ranked #25 on Inc's list of IT Services Companies and the 25th fastest-growing company in the Chicago Metro Area. This was very helpful to SingleHop and made allowed SingleHop to increase its community drastically.

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References
  1. Hardiman, Nick (June 3, 2013). "Inside an IaaS data center: Providing the brawn for your company's brain". Retrieved December 11, 2012.
  2. Harris, Derrick (April 25, 2012). "IaaS funding resurfaces as SingleHop raises $27.5M".
  3. "Interview with Dan Ushman". DoesWhat. August 13, 2011.
  4. Bredahl, Ditlev (December 21, 2007). "UK2 acquires midPhase". The UK2 Blog.
  5. Shaivitz, Marla (June 7, 2011). "How To Bootstrap from Zero to Millions; Interview With Dan Ushman Of SingleHop". Tech Cocktail Chicago.
  6. Ludwig, Sean (April 25, 2012). "Fast-growing cloud infrastructure startup SingleHop grabs $27.5M from Battery".
  7. "SingleHop".
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