CloudSigma Investing to Expand U.S. Infrastructure update from December 2011

Cloud computing service provider CloudSigma has secured a "significant" round of funding from angel investors Anthony Foy and Phil Collerton, who were previously executives with data center provider Interxion.

The company said the new funding will help it expand its data center footprint. CloudSigma houses its infrastructure in Interxion’s European Cloud Hubs and SwitchNAP’s Las Vegas data center campus. The investment will be used to explore future U.S. expansions, which include scouting an East coast TierIV data center location as the first in a series of additional facilities.

CloudSigma is an Infrastructure-as-a-Service (IaaS) provider that offers enterprise-class cloud servers and cloud hosting solutions. The company recently began offering solid state drive (SSD) storage as an option on its cloud services.

Foy, who is the chairman of CloudSigma's board, was previously group managing director at Interxion, a leading European data center colocation provider. Collerton, also a director of CloudSigma, is the former head of operations at Interxion and consultant to the Uptime Institute.

"The investment made by Foy and Collerton has validated our approach, setting the stage for the next wave of innovation in pure-play cloud IaaS," said Patrick Baillie, CloudSigma CEO. "We have an aggressive strategy that will continue to fuel our growth into new territories; especially as cloud computing continues to become more and more of a reality across various industries that need the highly-efficient and flexible capacity and power we offer. This investment round is simply the next step to get us established where we want to be, and we look forward to the road ahead."

"CloudSigma is effectively filling a gap in the public-IaaS cloud market by delivering the most flexible and comprehensive pure-play cloud offering," said Foy. "CloudSigma’s unprecedented customization and control will break new ground for companies that are looking to take advantage of the cost efficiencies, scalability and portability of cloud computing. With its competitive pricing model and transparent architecture, CloudSigma will grow to become one of the defining providers in its space – both in North America and abroad."