(WEB HOST INDUSTRY REVIEW) — Irish web hosting provider Dediserve (www.dediserve.com) announced on Monday that it had secured an investment of roughly $1.34 million, an injection of funding the company says will fund its “aggressive” 2010 plan for expansion via acquisition in Ireland and in Europe, as well as an increase in staff and new data center sites.
Dediserve, a privately owned company, said it acquired the funding from a private investment group. It plans to use the money to fund the expansion plan, which is intended to address a growing customer base, both in Ireland and internationally. The company says it plans to open sites in the US and UK, and in Dublin, in the second quarter of 2010.
Its current facility is located in a Cable and Wireless data center located in Clonshaugh, in Dublin.
The money will also fund marketing for the company’s virtual server products, and the further development of its software platform.
“We hope to enable customers to choose their virtual servers’ location this year as more sites are opened,” says Aidan McCarron, the company’s founder and managing director, quoted in the press release. “The ability to offer hosting with IP ranges that traverse national boundaries will be of great benefit to international customers with critical hosting needs.”
According to the announcement, Dediserve is focused on virtual private server hosting, and is seeing growth in demand as the popularity of virtualized hosting services grows. The company suggests that the efficiency of its deployment technology enables Dediserve to offer VPS hosting at a more affordable price than some of its competitors – certainly in comparison to traditional dedicated servers.
“Virtualization has massive potential as an alternative to dedicated hosting and offers the specifications to compete on performance, while vastly saving on costs. With our service we’ve opened up the possibilities for those still using older dedicated hosting to easily enjoy all that virtualization has to offer,” says McCarron.
While in some respects Dediserve appears to be a sort of basic VPS hosting provider, the company also seems to have been founded in reaction to a dissatisfaction with the state of virtual and dedicated server pricing in Ireland (a philosophy outlined in more detail in the “why Dediserve?” section of the company’s website), and is perhaps most interesting as a reflection of that market.
The investment announced Monday would seem to indicate, at the very least, an ability to convince investors of the value of the company’s vision.
On a larger scale, web hosting provider Hostway also announced on Monday that it had raised $110 million in debt and equity financing from a group of investors.
