Media Temple provides web hosting and related software services across a product portfolio that includes Grid Service, Dedicated Virtual, and the high-powered Nitro tier. The company serves both small businesses and more technical developers, and hosts over 600,000 domains with more than 87,000 clients, including Sony, Adobe, Toyota, and ABC. Media Temple has grown rapidly, reporting a compounded annual growth rate of 70% and headcount increases of 30% in 2009 and an expected 25% this year. The company operates two data centers and has expanded its footprint via an internal venture arm, (mt) Ventures, and prior acquisitions such as Krop, Virb, Vantageous, and Reinvigorate. Management says forthcoming work will focus on revamping and evolving its core hosting packages to be more user friendly for lay users while retaining advanced capabilities for developers.

Total raised

$15M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2010