SingleHop, LLC is an American IT hosting company and services provider based out of
Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
, Illinois, USA. The company has data centers in
Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
,
Arizona
Arizona is a U.S. state, state in the Southwestern United States, Southwestern region of the United States, sharing the Four Corners region of the western United States with Colorado, New Mexico, and Utah. It also borders Nevada to the nort ...
, and the
Netherlands
, Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...
. SingleHop provides bare metal dedicated servers, public and private clouds, as well as
managed services
Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the ...
to more than 4,000 clients in 114 countries.
''
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
Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lond ...
.
History
In 2003, Zak Boca and Dan Ushman founded the shared hosting platform midPhase. As midPhase became more successful, both Boca and Ushman 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 Boca and Ushman, 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.
A year later, midPhase was sold to UK2 Group,
and both Boca and Ushman focused on building up SingleHop.
By 2008, the company generated $2.8 million in revenue. In 2011, SingleHop's revenue jumped to $22 million.
In 2012, the company raised $27.5 million from Boston-based
Battery Ventures
Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lond ...
.
On February 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
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-pub ...
. 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
Information technology infrastructure is defined broadly as a set of information technology (IT) components that are the foundation of an IT service; typically physical components (Computer hardware, computer and networking hardware and facilitie ...
such as bare metal servers and cloud products from a single platform.
Awards and recognition
''
Inc. Magazine'' named SingleHop as one of the fastest growing U.S.-based companies in 2010, 2011 and 2012.
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.
Dedicated Servers India
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References
{{Reflist
Information technology companies of the United States