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06/13/2012 — Chicago, IL., SingleHop, LLC., a leading Infrastructure-as-a-Service (IaaS) and web hosting provider based in Chicago, has recently hired Chris Locke as Chief Financial Officer (CFO). Chris will be responsible for the accounting, finance and administrative functions of the rapidly growing web hosting company.
SingleHop founder and CEO, Zak Boca, said adding an experienced CFO was a critical step in the next phase of SingleHop’s growth strategy, following the recent investment by a leading private equity firm, Boston-based Battery Ventures.
“Chris adds strong executive management leadership to our company,” Boca said. “His leadership and experience will help SingleHop achieve our aggressive growth and expansion plans.”
Locke comes from a diverse background, having worked in public accounting and for both private-owned and publicly-traded businesses in the CFO role . He said working for a high-growth startup was a priority in his career.
“I haven’t had the opportunity to work with a company in as high growth of a mode as SingleHop has been in,” Locke said. “This is a high growth company with unique finance, accounting, and operational needs. I’m here to help take those aspects to the next level and to help build the infrastructure needed to facilitate continued growth and profitability.”
Having worked in both startups and public companies, Locke feels more at home in the startup environment. Locke said, he likes the culture of working at SingleHop and thinks it is the perfect fit for him.
“The management team here has had significant success, have partnered with one of the best private equity firms in the world, and have a clear vision of where they want to take the business,” Locke said. “I couldn’t be happier about joining the team and helping SingleHop reach new highs.”
About SingleHop, Inc.
SingleHop is a dedicated server and cloud hosting provider that offers highly scalable, on-demand infrastructure services to both end-users and resellers primarily under monthly contracts. With clients in 114 countries, two Chicago-area data centers, and over 10,000 servers online, SingleHop delivers state-of-the-art hardware, server management customization and Infrastructure-as-a-Service. While combining security and convenience to provide solutions for a wide range of enterprises, SingleHop remains an industry leader in providing customers with automatic server deployment, remote management, and accessibility using a variety of personal devices. SingleHop was established in 2006 and makes its home in Chicago, IL. In 2011, the company was named #25 on the Inc. 500 list for the fastest growing companies in America, a significant leap from #58 the previous year.
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