Finance

VitalStream Names New CFO

May 13, 2004 — (WEB HOST INDUSTRY REVIEW) — Content delivery services provider VitalStream (vitalstream.com) announced on Wednesday that it has appointed Mark Belzowski as chief financial officer, replacing the outgoing CFO Kevin Herzog. The appointment is effective May 17, 2004. Read More

NaviSite Buys Surebridge, Names CFO

“By combining our expertise and competency in delivering application management services to the mid-market with NaviSite’s proven hosting and operational excellence, we are building a company poised for leadership in the managed application services market,” says Peter J. Boni, chairman and CEO of Surebridge. “The complementary nature of our products, target markets and operating platforms make this a compelling proposition for both companies and for our customers.” Read More

Teros Reports Channel Growth in 2003

attacks, announced on Monday that membership in its channel program increased by 33 percent in the fourth quarter of 2003. Over the last year, more than 45 resellers and distributors joined the Teros Channel Program – 15 of them joining in the last quarter. Read More

Oracle Small Business Suite Users See Gains

December 23, 2003 — (WEB HOST INDUSTRY REVIEW) — NetSuite, Inc. (netsuite.com), a developer of customer relationship management (CRM) and enterprise resource planning (ERP) software, said on Monday that hundreds of online retailers using Oracle Small Business Suite have reported increases in their e-commerce sales for the 2003 holiday season. Read More

Raleigh-Durham Airport Picks Peak 10 Hosting

December 4, 2003 — (WEB HOST INDUSTRY REVIEW) — Peak 10 (peak10.com), a data center solutions provider based in North Carolina, said today that it has added Raleigh-Durham International Airport to its roster of clients. Under the agreement, Peak 10 is providing hosting and managed services for Raleigh-Durham International Airport’s Oracle applications, which handle its payroll, accounting, and human resources information. The applications will be housed at Peak 10’s data center facility in Raleigh, North Carolina. Read More

Alabanza Promotes Executives, Adds New VP

December 4, 2003 — (WEB HOST INDUSTRY REVIEW) — Web hosting automation solution developer Alabanza (alabanza.com) said on Wednesday that it has promoted Andrew Fleischer to chief financial officer and Shelley Evans to chief operating officer. Alabanza also announced that it has appointed Eric Rice as the new vice president of sales and marketing. Read More

Sphera Raises $4 Million in Venture Capital

November 20, 2003 — (WEB HOST INDUSTRY REVIEW) — Sphera (sphera.com), a provider of Web hosting automation and management software, said today that it has secured $4 million in Series D financing. The venture capital firms JVP, TLcom Capital Partners, Vision Capital, Gemini Israel Funds and Banc of America Capital Partners were the five repeat investors to finance the round. Read More

Speedera Among Fastest-Growing Valley Firms

October 28, 2003 — (WEB HOST INDUSTRY REVIEW) — Content delivery service provider Speedera Networks (speedera.com) said today that it has been recognized by the San Jose Business Journal as the second fastest growing company in the Silicon Valley. The rankings were based on percentage revenue growth for the period 2000-2002. PricewaterhouseCoopers verified the financial data for the participating companies. Read More

Terremark Names New Member to Board

September 9, 2003 — (WEB HOST INDUSTRY REVIEW) — Terremark Worldwide, Inc. (terremark.com), a builder and operator of Tier 1 Network Access Points (NAP), announced today that Antonio S. Fernandez has been appointed to its board of directors. Read More

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