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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.The company provides webhosting services to small business. Hendershot, Steve (October 18, 2011). "Silicon City: How Chicago's SingleHop made the leap to the Inc. 500".


Zak Boca and Dan Ushman co-founded SingleHop in 2006. SingleHop headquartered in Chicago with data centers in Arizona and Illinois.

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. [1]

History

Boca and Ushman sold their previous business, midPhase, to UK-2 in December 2007 and began to focus full-time on SingleHop, which they had started as a side project in 2006. Harris, Derrick (April 25, 2012). "IaaS funding resurfaces as SingleHop raises $27.5M".

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. As of April 2012, the company had 80 employees and clients in 114 countries.

Product

SingleHop operates on an infrastructure-as-a-service business model. The company provides dedicated servers, cloud servers, and managed hosting services to small businesses.

LEAP, the company’s management platform, allows clients to manage web infrastructure 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.[2]

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.

References