Tag Archives: Equity

Cloud Equity Group Announces Sale of VPS Network Group

NEW YORK, NY / ACCESSWIRE / October 11, 2022 / Cloud Equity Group, a leading private equity firm with an investment focus in companies within the technology-enabled business services, announced today the sale of portfolio company VPS Network Group (“VPS Net”) to Homepage Universe Inc. This transaction represents a full exit from this investment for Cloud Equity Group. The terms of the transaction were not disclosed.

VPS Net is an international hosting provider specialized in virtualization and bare metal cloud. The company offers Xen and OpenVZ hosting solutions across the United States, Europe, and Asia, and is backed by a 24/7 in-house service team.

Homepage Universe, headquartered in Los Angeles, California, is focused on delivering shared, reseller, virtual private server, and…


Source link

Cloud Equity Group Announces Sale of its Portfolio Company ComfortHost

NEW YORK, NY / ACCESSWIRE / August 15, 2022 / Cloud Equity Group, a leading private equity firm with an investment focus in companies within the technology-enabled business services, announced the sale of its portfolio company, ComfortHost to KnownHost. ComfortHost is a leading provider of web hosting services. The sale marks the second portfolio realization for Cloud Equity Group this year. The terms of the transaction were not disclosed.

ComfortHost is a web hosting company that provides shared, reseller, virtual private server, cloud, and dedicated server hosting to customers internationally. The firm provides hosting services out of its datacenter locations in Orlando, Buffalo, and Barcelona.

Cloud Equity Group originally invested in ComfortHost in October 2016. During Cloud Equity…


Source link

TNS Announces Market Data Coverage for all US Equity Options Groups

Transaction Network Services (TNS) can now enable firms to directly access market data from all US Equity Option Exchanges, providing reduced complexity and significant cost savings. This offering is achieved because of TNS’ mutualized exchange connections and status as a registered data vendor with all 16 Equity Option Exchanges in the US.

TNS has one of the fastest, commercially available fiber networks in the New York metro area. With complete access and control over routes, TNS’ dedicated operations teams ensure network optimization via a combination of high capacity, ultra-low-latency and maximum uptime, delivered via fully diverse circuits.

Dark fiber connectivity in the strategically important New York Triangle gives traders ultra-high-speed access…


Source link

TNS Announces Market Data Coverage for All US Equity Options Groups

RESTON, Va.–()–Transaction Network Services (TNS) can now enable firms to directly access market data from all US Equity Option Exchanges, providing reduced complexity and significant cost savings. This offering is achieved because of TNS’ mutualized exchange connections and status as a registered data vendor with all 16 Equity Option Exchanges in the US.

TNS has one of the fastest, commercially available fiber networks in the New York metro area. With complete access and control over routes, TNS’ dedicated operations teams ensure network optimization via a combination of high capacity, ultra-low-latency and maximum uptime, delivered via fully diverse circuits. Dark fiber connectivity in the strategically important New York Triangle gives traders…


Source link

ScaleGrid Raises Growth Equity Round from Spotlight Equity Partners to Accelerate Expansion and Further Invest in Product Roadmap

PALO ALTO, Calif., July 20, 2021 /PRNewswire/ — ScaleGrid, a leading Database-as-a-Service (DBaaS) provider with its headquarters in Palo Alto, CA and with offices in Bangalore, India and Vancouver, Canada, today announced a growth equity round led by private equity firm Spotlight Equity Partners to support its growth in the managed databases market. ScaleGrid provides fully managed database hosting solutions for MySQL, PostgreSQL, Redis, MongoDB® Database and Greenplum on both private and public clouds. The managed database market is a rapidly expanding market, and, according to Gartner, is expected to account for 50% of the total database management system market revenue by 2023. Gartner also projects that by 2022, 75% of all databases will reside in the cloud.

ScaleGrid Logo - Shared MongoDB Hosting on AWS (PRNewsfoto/ScaleGrid)

ScaleGrid Logo -…


Source link