In the wide world of hosting, a number of different players are fighting their way through the global marketplace to stake their claim as the leader. For many, this means claiming the largest share of the market and delivering according to customer expectations. For others, this may mean focusing on a smaller share and healthy growth so as to exceed customer expectations.
For Codero Hosting, the latter is the preferable option, focusing on growth from the customer’s perspective. It’s one thing to offer a service; it’s quite another to deliver performance beyond expectations. With this kind of approach to the market, Codero Hosting was a logical choice for new financing.
The company recently announced that it received $8 million from Silicon Valley Bank and Farnam Street Financial. With this financing in place, the company is well positioned to deploy new data centers across Europe and the U.S., effectively expanding its hosting services to a larger segment of the market.
Emil Sayegh, president and CEO, shared in a press release that the company has outpaced industry growth and is expanding faster than other hosting and cloud providers. He attributes this success to the company’s commitment to delivering unparalleled performance for all customers. With this new financial backing, the company will be better positioned to capitalize on this success and continue its growth.
Codero Hosting gained attention last fall when it announced a true on-demand hybrid cloud hosting service, what it positions as the industry’s first. The new offering combines best-of-breed cloud, networking and dedicated hosting technologies to ensure customers get the benefit of the public cloud as well as the reliability and security of the traditional IT infrastructure.
Known as the On-Demand Hybrid Cloud, the solution has attracted new customers and Codero is the only hosting and cloud provider offering the service. The offering speaks to one of the key challenges in the marketplace today – trusting the cloud with all of your data. For CIOs who still struggle with the migration, Codero is offering a blended solution that allows them to migrate at their own pace and still enjoy some of the key technology elements that make them feel safe in their own environments.
To talk about these key movements in the market and what Codero plans to do in the near future, MSPToday’s Erik Linask recently sat down with Sayegh in the ITEXPO newsroom. To two discussed more than just buzzwords and what companies today can do to embrace the opportunities in the cloud. For their conversation, check out this ITEXPO video in full.
Edited by Cassandra Tucker
