Monday, July 26, 2010
SoftLayer Sees Growth In First Half
Dallas-based SoftLayer, a provider of data center services, reported today that it has seen "solid" financial and operational growth in the first half of the year. The firm said it had $60M in revenues between January 1st and June 30th, giving its 21 months of GAAP profitability and sequential growth. The privately held firm said it is "on track" for a record setting year, where it will bring in $125M in revenues. SoftLayer did not say why it was providing details on its finances, but said it is also expecting to receive a "significant" equity and debt investment. SoftLayer said it now has over 30,000 deployed servers.