HUB > Companies > OVH
From last funding transaction in Aug-2016.
"Founded in 1999, OVH provides cloud, hosting and web services. It offers dedicated cloud computing infrastructure, designs and builds its own servers, and deploys, manages and maintains fibre optic networks. The company provides high speed and low latency time service through a bandwidth of 5.5 Tbps.
OVH is headquartered in Roubaix, France and currently employs 1,300 people. It has over 17 data centres, 250k servers, hosting over 18 million web applications. It serves more than one million customers across 17 countries and 32 global peering points. The company claims to be the world’s third largest internet hosting provider. It has experienced 30% cloud growth since 2014 and reinvests 100% profit into the business. In 2015, the company generated revenue close to €250.0mn. In the next five years it plans to invest €1.0bn to build 12 new data centres in Australia, Europe, Singapore and the US, increase the headcount to 3,000 employees and generate revenue of approximately €1.0bn. The company was valued at €1.5bn or 6.0x EBITDA. Key customers include CGI, Engenio, Good one, Next Radio TV and Very Games.
According to 451 Research, estimated CAGR for web and application hosting is 9.4% through 2019. North America remains the largest market for hosting and cloud (59% in 2015) followed by EMEA (27% in 2015) and both these markets will grow at a CAGR of 12% and 14% respectively.
Key competitors include Germany-based 1&1 Internet which offers a range of web hosting products, including email solutions and high-end servers in 10 different countries including Germany, Spain, Great Britain and the United States. It manages more than 18 million domain names and has more than 70,000 servers; US-based Amazon Web Services, a subsidiary of Amazon.com, offers cloud computing services; US-based Digital Ocean, provider of web infrastructure and cloud services – in April 2016, it raised $130.0mn (€114.7mn) through debt financing from KeyBanc Capital Markets, Barclays Investment Bank and HSBC Bank; US-based Google Cloud Platform, which enables developers to build, test and deploy applications and provides computing, storage and application services for web, mobile and backend solutions; US-based GoDaddy (NYSE: GDDY) provider of web hosting service to small businesses, web design professionals and individuals. It manages 49 million domains and has a customer base of 9 million; US-based Microsoft Azure, a cloud computing platform and provider of infrastructure for building, deploying, and managing applications and services through a global network of Microsoft-managed data centres; US-based Rackspace (NYSE:RAX), offers services for applications including e-commerce and web content management sites, business-productivity applications, such as e-mail and collaboration and data stores; and US-based SoftLayer, an IBM company, provider of cloud infrastructure from data centres and network point of presence around the world."
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