The deal allows Globix, a provider of co-location, Internet access, Web and application hosting, to boost bandwidth, and offer new services such as mirroring,
backup data replication and content delivery.
“Globix is leading the charge toward new, business-enhancing network-based services,” said Mark B. Ward, GiantLoop’s CEO. “GiantLoop’s technologies and
managed optical networking services are a perfect compliment to this strategy.”
For GiantLoop, the deal is one of the most significant in its 15-month history. To date, the privately held company has raised $160 million in venture capital, the lion’s
share of which has gone for product development.
The company’s technology aggregates data, storage and voice networking traffic onto a single, high-bandwidth, fiber-optic infrastructure that spans campus,
metropolitan and inter-city networks. There are no multiple vendors to manage, no extra equipment to buy, no waiting for additional bandwidth.
As part of the Globix contract, GiantLoop will install and test all necessary equipment as well as be on call for maintenance. It will also track network usage and give
feedback to Globix for assessement and planning.
The customer win is the second nesworthy item out of GiantLoop in two weeks. Previously, it announced the hiring of Andrew Hajducky as CEO. Hajducky came from CMGI
, the struggling Andover, Mass., Internet investor.