iWeb Now Hosts 10,000 Dedicated Servers

Fast-growing Montreal hosting specialist iWeb now hosts more than 10,000 dedicated servers hosted for its customers, the company said this week. The company's hosted hardware has grown from 3,000 servers in 2006."When iWeb started providing dedicated server hosting in 2002, it was as an experiment," said iWeb's President of Products and Technology, Martin Leclair. "Ten thousand servers later it has become iWeb's core business."

iWeb was founded in 1996 and has grown into one of Canada’s leading providers of shared hosting, dedicated servers and colocation in three data centers totaling 48,000 square feet of floor space. Last fall the company received $22 million in funding from Goldman Sachs to support additional investment in server hardware and data center infrastructure. The company is publicly held, trading on the TSX Venture Exchange (TSX-V: IWB).

"Many companies today are using IP-based technologies to keep IT spending under control, or to reduce spending. IT budget restrictions mean that the companies we work with are outsourcing their infrastructure to iWeb instead of financing their servers, maintaining them and building their own data centers," said Eric Chouinard, iWeb's President and CEO.

iWeb's revenues have grown at least 60 percent annually since 2003. The company, which has 20,000 customers in more than 150 countries, recently reported a 92 percent increase in first quarter revenues. It will be rolling out a marketing campaign revolving around the number 10,000 to promote its dedicated server hosting services.