Web Hosting News – Dallas — SoftLayer Technologies today announced that the company continued to experience strong operational and top-line growth in the third quarter of 2011, reaching $85 million in revenues while achieving $34 million in EBITDA. The company also appointed David Strohm, from Greylock Partners, to its board of directors to help guide and support the company’s continued market leadership and financial growth.

“SoftLayer is headed on a pretty impressive trajectory but we’re really just beginning to accelerate our efforts,” said Lance Crosby, chief executive officer for SoftLayer. “The addition of David to our leadership team benefits us immensely, especially as it relates to managing growth and rapidly expanding into international markets. Our focus hasn’t changed. We’ll continue innovating and making our platform the standard for Internet savvy businesses looking for unique cloud, dedicated, and managed hosting solutions.”

Key milestones for SoftLayer’s third quarter ending September 30, 2011 include:

• $85 million revenue
• $34 million EBITDA
• Expansion into Asia-Pacific (via Singapore) and Europe (via Amsterdam)
• More than 100,000 servers under management

“Our growth is fueled by increased customer demand for our entire portfolio of hosting solutions,” said George Karidis, chief strategy officer for SoftLayer. “Our approach resonates with customers because we offer an à la carte menu of service and options resulting in greater flexibility and control over IT resources while reducing operating costs. With our new data centers in Singapore and Amsterdam, we’ll be able to drive even more international revenue and sales.”

David Strohm joins SoftLayer’s board of directors to help provide guidance over the company’s future growth plans. A Silicon Valley veteran, David joined Greylock in 1980 and currently sits on the board of AtHoc, Bounty Jobs, EMC Corporation, MATRIXX Software, OpenDNS, Progreso Financiero, richrelevance, Tabula and VMware. He is a graduate of Dartmouth College and the Harvard Business School.

Mr. Strohm led Greylock’s prior involvement with companies including as Doubleclick,Forte Software(acquired by Sun Microsystems), Kiva Software (acquired by Netscape), Legato Systems(acquired by EMC),Internet Security Systems(acquired by IBM), Mentor Graphics, Mobile Automation (acquired by iPass), ccMail (acquired by Lotus/IBM), and Cygnus (acquired by RedHat). Continue reading “SoftLayer Achieves Record Setting Revenues for Third Quarter” »

Web Hosting News – Austin, TX – Data Foundry, a leading provider of data center outsourcing, secure colocation and disaster recovery solutions, announces that its Texas 1 and ADC data centers have successfully obtained a SOC1 Type II unqualified opinion according to the guidelines of SSAE 16.

SSAE 16 replaces the previous auditing standard, SAS 70. The requirements of SSAE 16 are very similar to the SAS 70 requirements with one main difference in the report – the inclusion of a written assertion from management regarding the design and operating effectiveness of the controls being audited.

Continue reading “Data Foundry Announces Compliance with SSAE 16 Type II Standards” »

Web Hosting News – Renton, WA – Parallels, a global leader in cloud services enablement and desktop virtualization software, today announced the appointment of new Chief Technology Officer (CTO) Michael Toutonghi, Chief Financial Officer (CFO) David Arkley and Vice President and General Manager of Europe and North Africa (EUNA) Jesper Frederiksen, who all fill key roles for driving Parallels’ continued growth. As one of the world’s fastest growing software companies, Parallels generates more than U.S. $100 million in revenue and employs a global workforce of over 800 staff across the U.S., Europe and Asia.

Parallels Desktop for Mac is a leader in enabling users to run Windows applications on a Mac without rebooting, with a 78 percent market share1 and is used by more than 50 percent of Fortune 200 companies, while Parallels Hosting and Cloud Service Delivery solutions enable service providers to deliver and profitably grow hosting and cloud services for over 148 million small businesses worldwide.

Continue reading “Parallels Names New CFO and CTO, Positions Itself for Accelerated Growth” »

Web Hosting News – SAN FRANCISCO – Rackwise, Inc. (OTCBB:RACK.OB) (“Rackwise”) announced today that it has executed a multi-year software integration and license agreement (“Agreement”) with Intel Corporation to enhance and co-market the RACKWISE® Data Center Manager (“DCM”) software product. Under the Agreement, Rackwise will integrate device level, real-time data collection and monitoring functionality of the Intel® DCM software into the RACKWISE® DCM product. The resulting solution will provide revolutionary data aggregation, visibility and reporting not previously available in the industry to maximize data center and IT infrastructure operational efficiency and cost containment.

The Agreement calls for a technology collaboration to embed Intel® DCM software into the RACKWISE® DCM product, offering customers Data Center Infrastructure Management (“DCIM”) software solutions with real-time data monitoring and reporting capabilities at unparalleled granular levels. Advantages of the targeted offerings include expanded real-time power and thermal monitoring, enhanced failure analysis and extended visibility and analytics at the device, rack, floor and all other levels of the data center infrastructure.

Continue reading “Rackwise Forms DCiM Development Agreement with Intel Corporation” »

Web Hosting News – Montreal, QC – CakeMail, Inc., the leading provider of white label email marketing tools for web hosts, agencies and resellers announced today that the CakeMail platform is now available to cPanel hosting partners. This new integration with cPanel marks the first time a robust email marketing platform has been made easily available as a plug-in to millions of users via their website control panels.

cPanel powers the web hosting industry with its point-and-click software that automates the provisioning and management of websites. The tens of millions of website owners who host their websites with cPanel’s hundreds of hosting partners use cPanel’s easy-to-use interface to manage every aspect of their websites.

Continue reading “CakeMail Now Available to cPanel Hosting Partners” »