- iWeb working on cloud infrastructure; integrating with platform
- Applied Innovations beta testing Windows Server 2012
- CentriLogic lands customer for new Toronto facility
Summary: FireHost closed another round with its existing investors, which include some private angels and private equity firm The Stephens Group. The round is worth $10m and follows a series B round closed this time last year also worth $10m. FireHost continues to show aggressive growth rates and has stated the investment will be used to expand its data centre footprint globally. FireHost also wants to funnel resources to product and service development and personnel. We noted FireHost’s growth rates in a recent post. On a q/q basis growth came in at 22% (1Q12 to 2Q12). With the annual comparison that is 176%.