Linode is a cloud hosting provider that offers virtualized servers on demand (IaaS) to developers and companies since 2003. Its core product set includes virtual servers, an API, a CLI, NodeBalancer SSL, Linode Managed, and Longview, delivered from six geographically diverse data centers. The company serves more than 250,000 customers and has launched over 5,000,000 virtual machines. Linode recently introduced hourly billing that bundles compute, persistent storage, and network transfer with a predictable monthly cap. It announced a $45MM infrastructure investment to deploy native SSDs, double RAM across plans, upgrade to Intel Xeon E5 2680v2 CPUs, and increase host network throughput to 40Gbps, plus larger enterprise plans up to 96GB RAM. These upgrades aim to improve performance, provisioning times, and reinforce Linode's positioning as a cost-competitive alternative to larger providers.

Total raised

$45M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2014