SingleHop Nabs $27.5 Million In VC Funding
Cloud hosting provider SingleHop said Wednesday it received $27.5 million in venture funding led by Battery Ventures. Battery Ventures executives Dave Tabors and Morad Elhafed will join SingleHop co-founders Dan Ushman and Zak Boc on the cloud provider's board of directors.
SingleHop, Chicago, offers scalable, on-demand, infrastructure services to end users and resellers. It has clients in 114 countries, two Chicago-area data centers and more than 10,000 servers online.
The provider delivers hardware, server management customization and Infrastructure-as-a-Service.