"FireHost has created exactly what the market needs, at exactly the right time, and is executing flawlessly," said Aaron Clark, vice president of The Stephens Group, LLC. "As investors, everything about this company excites us. The leadership, the technology, and the market opportunity couldn't be brighter. Our group is thrilled to be FireHost's primary investment partner."
FireHost protects some of the biggest names in healthcare, security, ecommerce and SaaS. Brands such as Murad, 3M, Farmers Insurance, Johns Hopkins University, ArcSight by HP, and Hamilton Beach trust FireHost to keep their websites and applications always online, performing at top speed, and, of course, safe from hackers. Since securing a $10M Series B round this time last year, FireHost has expanded into Europe, launched business continuity solutions, opened additional data center facilities, and deployed a global partner program. The company has also blocked more than 250 million hack attempts on its customers and continues to be a leading resource on security threats and how to stop them.
"The cloud hosting industry is expanding and evolving at a rate that can't be ignored. 451 Research analysts are watching this movement very closely, including the vendors that shape it," said Jason Verge, analyst with 451 Research. "FireHost is one of those exciting companies we've kept our eye on for nearly three years and have followed how it's innovating in the areas of public cloud security and infrastructure-as-a-service. Its aggressive roadmap and this new round of capital could mean FireHost has a significant impact on the hosting space in the coming year."
"FireHost has some exciting initiatives just over the horizon that we'll be able to execute on quickly with this new capital," adds Chris Drake, CEO of FireHost. "Expect some market changing announcements from us in the coming months."
FireHost is a secure cloud hosting company focused on protecting companies' sensitive data and brand reputations with an architecture built for security, scalability and performance. Customers with specific compliance or performance needs subscribe to FireHost's PCI, HIPAA or high traffic solutions, including some of the largest companies in the world as well as many fast growing eCommerce, SaaS and healthcare IT providers. FireHost provides services from Dallas, Phoenix, London and Amsterdam. http://www.firehost.com.
About The Stephens Group, LLC
The Stephens Group is a family-owned private equity firm based in Little Rock, Arkansas, that invests patient, flexible capital in partnership with exceptional management teams pursuing long-term growth objectives. More information can be found at www.stephensgroup.com.