(Ping! Zine Web Hosting Magazine) – Cloud solutions provider SoftCom, the company behind popular web host myhosting.com revealed on Thursday that it had worked with Canadian banks in a debt financing process that earned the company $5 million dollars.
To make the move possible, the company partnered with accountancy firm Deloitte. SoftCom intends to invest capital gained through the initiative to further build the company.
The cloud IT provider specifically plans to focus on Search Engine Marketing and Affiliate initiatives to build up myhosting.com’s VPS offering.
Meanwhile, SoftCom CEO Turker Sokullu discussed the company’s growth in a press release. “We have been fortunate enough to grow SoftCom organically since its inception in 1997,” Sokullu stated.
“Our past success and strength of our current business has enabled us to raise capital at unprecedented rates. We are planning to leverage this competitive advantage by further expanding our customer base at an aggressive rate over the coming weeks and months,” Sokullu continued.
SoftCom’s announcement follows a move late last month in which its hosting brand myhosting.com announced the addition of mobile website builder goMobi to its services. Along with myhosting .com, the company also provides email hosting services through mail2web.com. For more information on Softcom, visit: http://softcom.com/