(The Hosting News) – Secured cloud hosting specialists, FireHost announced today that they have raised $10 million in Series B round of funding. The investment, led by The Stephens Group as well as earlier angel investors, will fuel investments in growth and infrastructure and enable FireHost to make the company mission of becoming the global provider of secure hosting in the cloud a reality.
“This capital investment represents a huge vote of confidence in our secure hosting solutions for SMEs and our ever-growing enterprise customer base, including several Fortune 50 and many Fortune 500 companies,” said Chris Drake, FireHost founder and CEO.
FireHost has experienced triple-digit customer growth year-over-year and successfully secured tens of thousands of web applications in the process. Within the last eight months, the company made numerous improvements to it’s MyFireHost customer portal, including Security View, and the gratifying initiative of launching the industry’s first PCI-DSS 2.0 compliant public cloud.
The infusion of capital will enable FireHost to continue investing in secure infrastructure, increasing it’s market share in the hosting space, and focus on delivering exceptional security for their customers.