|By Marketwired .||
|March 18, 2014 12:26 PM EDT||
PHOENIX, AZ -- (Marketwired) -- 03/18/14 -- Ubiquity Hosting, a leading US provider of dedicated, cloud and managed servers, announced today that it has received a strategic investment from Seaport Capital, a private equity firm focused on investments in the communications, information technology, and business services sectors.
Founded in 2004, Ubiquity Hosting offers services from datacenters distributed across seven cities in the US. Customers find the Ubiquity dedicated server platform integrated with its high-performance cloud infrastructure and 100% uptime SLA an attractive solution for their hosting needs. The Ubiquity high-performance platform, intuitive portal, and friendly customer service have resulted in an exceedingly loyal customer base and above-average industry growth.
"With the rapid expansion of our proprietary cloud platform, it makes sense for us to bring in the right partner to help expand and evolve our IaaS solutions for our dynamic customer base," said Clint Chapman, CEO of Ubiquity Hosting. "Seaport Capital's knowledge and understanding of our industry make them the ideal fit for us."
Brett Guarnieri, Ubiquity Hosting CIO, commented, "We build our cloud hypervisors around high-clock-speed CPUs that meet or exceed 3.2 GHz, datacenter-grade solid state drives, 10 Gbps network infrastructure, and a low number of tenants per hypervisor that significantly reduces the chance of greedy neighbors. The performance level offered by our cloud solution translates into tremendous business value for our customer base."
"The robust platform developed by Ubiquity Hosting offers customers superb value," said Jim Collis, Seaport Capital Partner. "We are excited to partner with Clint, Brett, and the rest of the team at Ubiquity Hosting by providing capital and expertise to accelerate their development."
ABOUT UBIQUITY HOSTING
Founded in 2004, Ubiquity Hosting is one of the fastest growing providers of dedicated and cloud server solutions to businesses worldwide. Ubiquity Hosting started out small, hosting dedicated servers from a single data center in Chicago, IL, and has since expanded to more than eight data centers across seven cities in the United States with plans to expand into Europe and Asia in 2014. For more information about Ubiquity Hosting, please visit www.ubiquityhosting.com.
ABOUT SEAPORT CAPITAL
Founded in 1997, Seaport Capital provides capital to middle market companies in the communications, information and business services sectors. Seaport works with talented management teams to create valuable companies that are leaders in their market segments. Seaport's extensive investing experience enables it to develop successful strategies; its relationships and resources help achieve them. The firm seeks to invest $5 to $25 million of equity capital in each portfolio company. For additional information, visit www.seaportcapital.com.
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