Carbon60 Networks Inc., a Canadian company which specializes in delivering end-to-end managed hosting solutions for public and private sector organizations with business-critical workloads, received an investment from M/C Partners.
Simultaneously, M/C Partners is acquiring Vancouver, BC-based Gossamer Threads Inc. (GT.net), a managed cloud services company, and merging it with Carbon60 to create an entire platform for the Canadian market. The combined company will operate under the name Carbon60 Networks.
In addition to providing liquidity for selling shareholders, M/C Partners is investing capital to support organic growth and strategic acquisitions.
Led by CEO John Witte, Carbon60 Networks specializes in delivering end-to-end managed hosting solutions for public and private sector organizations with business-critical workloads. The company provides secure and high-performance hosting services using its Canadian cloud platform in Toronto and Kelowna and the leading hyperscale clouds for hybrid IT solutions, and also has a niche in application hosting for enterprise-grade WordPress and Drupal CMS.
Founded in 1996, Gossamer Threads provides performance hosting options (dedicated, clustered, private cloud) and application hosting solutions featuring managed services like optimization testing, monitoring, security, back-up and restoration. The company also offers add-on managed services, including access to a Content Delivery Network, Application and DB Optimization, Disaster Recovery, and assistance with PCI/DSS and HIPAA Compliance. Based in Vancouver BC, Canada, Gossamer Threads maintains four geographically separated data centers in Vancouver, Toronto, New York and London.
Witte will continue to lead the company. Alex Krohn, founder and CEO of Gossamer Threads, will continue to have a key role at the company as CTO, in addition to being an investor and Board Member.