SingleHop  logo
Founded 1996

SingleHop

2021 Revenue

$33.6M

YOY

Funding

$20.0M

How SingleHop hit $33.6M in Revenue with 5K Customers in 2021.

About SingleHop

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.

Monthly Revenue

$2.8M

Total Expenses

$2.8M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

AtlantaGeorgiaUnited States
Website

inap.com

$Funding$Revenue

SingleHop Revenue

In 2021, SingleHop revenue run rate hit $33.6M in revenue.

$33.6M

SingleHop Valuation and Funding History

SingleHop has raised a total of $20.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
10/31/1997$20.0M

Customers

SingleHop has 5K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

SingleHop has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

SingleHop has 874 employees. They have 3 sales reps that carry a quota They have an engineering team of 5. and a marketing team of 1.

2021
DistributionQty

Total Team Size

874

Engineers

5 (1%)

Sales

3 (0%)

Marketing

1 (0%)

CEO/Founder

Mike Sicoli

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.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about SingleHop

When was SingleHop founded?

SingleHop was founded in 1996.


Who is the CEO of SingleHop ?

The CEO of SingleHop is Mike Sicoli


How many employees does SingleHop have?

SingleHop has 874 employees.

How much revenue does SingleHop generate?

SingleHop generates $33.6M in revenue.


How much funding does SingleHop have?

SingleHop has raised $20.0M.


Where is SingleHop headquarters?

SingleHop is headquartered at AtlantaGeorgiaUnited States

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