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Codero Looks to Expand with $8 Million in New Financing

Posted on 1.27.2014

Hosting service Codero announced that it received $8 million in financing which will enable the company to deploy new data centers in the U.S. and Euriope and expand its hosting portfolio. 

"We have outpaced our industry’s growth, expanding faster than other hosting and cloud providers due to our commitment to providing customers with unparalleled performance, expertise, support and value,” said Emil Sayegh, president and CEO of Codero Hosting. “The support of SVB and Farnam Street Financial helps us accelerate our growth and capitalize on our market success.”

Codero's financing came from Silicon Valley Bank (SVB) and Farnam Street Financial.

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