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SingleHop

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This sandbox is in the article namespace. Either move this page into your userspace, or remove the {{User sandbox}} template. SingleHop is an infrastructure-as-a-service provider. (C) (G) The company provides webhosting services to small business. (C)

Zak Boca and Dan Ushman co-founded SingleHop in 2006. (C) SingleHop is headquartered in Chicago with data centers in Arizona and Illinois. (INC) (INC1)

Inc. Magazine named SingleHop the 25th fastest-growing U.S. company in 2011. (INC) In 2012, the company raised $27.5 million in venture funding from Battery Ventures. (G) (VB)

History

Boca and Ushman sold their previous business, midPhase, to UK-2in December 2007 and began to focus full-time on SingleHop, which they had started as a side project in 2006. (C) (INC 2)

By 2008, the company generated $2.8 million in revenue. (INC) In 2011, SingleHop’s revenue jumped to $22 million. (INC)

In 2012, the company raised $27.5 million from Boston-based Battery Ventures. (G) As of April 2012, the company had 80 employees and clients in 114 countries. (VB)

Product

SingleHop operates on an infrastructure-as-a-service business model. The company provides dedicated server, cloud server, and managed hosting services to small businesses. (INC) (VB) (C)

LEAP, the company’s management platform, allows clients to manage web infrastructure from a single platform. (VB)

Awards and Recognition

Inc. Magazine named SingleHop as one of the fastest growing U.S.-based companies in 2010, 2011 and 2012. (INC)

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. (INC)

Official Website

References

(C) http://www.chicagobusiness.com/article/20111018/BLOGS06/310189995/silicon-city-how-chicagos-singlehop-made-the-leap-to-the-inc-500

(G) http://gigaom.com/2012/04/25/iaas-funding-resurfaces-as-singlehop-raises-27-5m/

INC: http://www.inc.com/profile/singlehop

INC 2: http://www.inc.com/magazine/201109/inc-500-zak-boca-dan-ushman-singlehop.html

VB: http://venturebeat.com/2012/04/25/singlehop-funding/