LayerOne

LayerOne, Inc.
Private
Industry Internet
Founded 1999
Headquarters Dallas, TX, USA
Key people
 Alexander Muse, CEO
Products Data Centers
Revenue $10.8 million USD (2005)
Number of employees
 60 (est) (2001)
Website www.layerone.com

LayerOne, Inc. acquired by Switch & Data NASDAQ: SDXC, in 2005, was a U.S. private corporation that provides carrier-neutral datacenters and interconnection.

Services

LayerOne was a provider of network-neutral data centers and interconnection services, offering colocation, traffic exchange and outsourced IT infrastructure solutions. The company pioneered the concept of 'buy-side' interconnection, whereby carriers were encouraged to participate in 'pooling points' in major cities without upfront costs. Carriers who sold connectivity were charged a monthly recurring fee based on the capacity of the connection. Within three years the company provided interconnection services to every major and most minor telecommunications companies in the United States with the notable exception of Sprint.

American datacentres

Notable customers

More than 800 different carriers, ISPs and businesses participate in LayerOne centers, including the world's largest IP backbone networks.

Company history

LayerOne was founded in 1999 by Alexander Muse. By 2001 the company had raised more than $20,000,000 in venture capital and opened facilities in Dallas, Chicago and Miami. While each facility was cash flow positive, the company had executed leases throughout the United States in anticipation of additional funding. When that funding did not materialize Alexander Muse and his management team reorganized the company under the U.S. Bankruptcy code. Within three months the company was profitable and over the next three years the company grew by more than 1000%. In 2005 the company was sold to Switch & Data providing a 600% return for the company's investors.

Sources

This article is issued from Wikipedia - version of the Sunday, February 15, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.