LayerOne
Encyclopedia
LayerOne, Inc. acquired by Switch & Data
Switch and Data
Switch and Data Facilities Company, Inc. was a U.S. public corporation that provided network-neutral data centers and Internet exchange services to network-centric businesses.. Switch and Data was acquired by Equinix in 2010....

 , in 2005, was a U.S.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 private corporation that provides carrier-neutral datacenters
Data center
A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems...

 and interconnection
Interconnection
In telecommunications, interconnection is the physical linking of a carrier's network with equipment or facilities not belonging to that network...

.

Services

LayerOne was a provider of network-neutral data centers and interconnection services, offering colocation, traffic exchange and outsourced IT infrastructure solutions. The company pioneered the concept of 'buy-side' interconnection, whereby carriers were encouraged to participate in 'pooling points' in major cities without upfront costs. Carriers who sold connectivity were charged a monthly recurring fee based on the capacity of the connection. Within three years the company provided interconnection services to every major and most minor telecommunications companies in the United States with the notable exception of Sprint.

Notable customers

More than 800 different carriers, ISPs and businesses participate in LayerOne centers, including the world’s largest IP backbone networks.

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Company history

LayerOne was founded in 1999 by Alexander Muse. By 2001 the company had raised more than $20,000,000 in venture capital and opened facilities in Dallas, Chicago and Miami. While each facility was cash flow positive, the company had executed leases throughout the United States in anticipation of additional funding. When that funding did not materialize Alexander Muse and his management team reorganized the company under the U.S. Bankruptcy code. Within three months the company was profitable and over the next three years the company grew by more than 1000%. In 2005 the company was sold to Switch & Data providing a 600% return for the company's investors.

Sources

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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