(The Hosting News) – A significant investment to the tune of $27.5 million was recently put toward the operations of cloud solution and automation provider SingleHop. Announced on Wednesday in a press release, it’s backed by venture capital firm Battery Ventures.
SingleHop provides a range of hosting services in the areas of cloud, dedicated, security, monitoring and more. Discussing the matter in a press release, SingHop CEO Zak Boca expressed enthusiasm, saying the move gives his company “great operational advantages.”
The company’s operations are hosted through data centers in the Chicago, Illinois areas. However, earlier this month, the company made news by announcing its plans to open its first western-based data center in Phoenix, Arizona. This site itself will allow the web host to operate ten thousand servers.
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