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Internap is a provider of internet connectivity IP services through its Private Network Access Points (PNAP's). The company offers a combination of route-optimized enterprise IP, TCP acceleration and a global content delivery network (CDN) which improves website performance. Its services include cloud, managed services, colocation, network services and solutions. INAP was founded in 1996 and is headquartered in Reston, Virginia. The company continually seeks to expand its business portfolio through mergers and acquisitions.
Last updated
In 2024, Internap Holding LLC's revenue reached $46.6M. The company previously reported $33M in 2023. Since its launch in 1996, Internap Holding LLC has shown consistent revenue growth.
Internap Holding LLC has not publicly disclosed its valuation. The company has raised $20M in total funding to date.
Internap Holding LLC has raised $20M in total funding across 1 round, with its most recent round in 1997.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 1997 | Funding round | $20M | - | - |
CEO
Michael T. Sicoli is INAP's Chief Executive Officer. Mike joined INAP in October 2019 as President and Chief Financial Officer. Prior to joining INAP, Mike served as Chief Financial Officer of GTT Communications Inc., a publicly-traded provider of cloud networking services to multinational clients. From 2013 to 2015, he served as principal of MTS Advisors, LLC, a consulting and advisory services firm he founded. From 2010 to 2013, he served as Chief Executive Officer of Sidera Networks, a fiber optic service provider that was merged with Lightower Fiber Networks in 2013. From 2005-2010, Mike served as Chief Financial Officer of RCN Corporation. Previously, Mike held various positions at Nextel Communications, Deloitte Consulting and Accenture. Additionally, Mike recently served as a director of Lumos Networks, a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region.
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Internap Holding LLC serves 5K customers.
Internap Holding LLC employs approximately 558 people as of 2026, down from 628 in 2023, including 3 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
Internap Holding LLC generates an estimated $46.6M in annual revenue.
Internap Holding LLC was founded by Mike Sicoli.
The CEO of Internap Holding LLC is Mike Sicoli.
Internap Holding LLC raised $20M across 1 round.
Internap Holding LLC has 558 employees.
Internap Holding LLC is headquartered in Atlanta, Georgia, United States.
Internap Holding LLC operates across multiple industries. Browse revenue, funding, and growth data for Internap Holding LLC in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$46.6M(Est.)
Customers
5K
Funding
$20M
Avg ACV
$9.3K
Team
558
Founded
1996
| Year | Milestone | Source |
|---|---|---|
| 2024 | Internap Holding LLC Hit $46.6m revenue in October 2024 | Estimated |
| 2023 | Internap Holding LLC Hit $33m revenue in October 2023 | Estimated |
| 2021 | Internap Holding LLC Hit $33.6m revenue in April 2021 | |
| 1996 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 558 employees (December 2024) | |
| 2024 | Reached 628 employees (October 2024) | |
| 2023 | Reached 628 employees (October 2023) | |
| 2022 | Reached 634 employees (October 2022) | |
| 2021 | Reached 766 employees (December 2021) | |
| 2021 | Reached 874 employees (April 2021) |
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