Friday, January 26, 2018

Zerolag Communications Acquired By Total Server Solutions

Los Angeles-based managed hosting service provider Zerolag Communications has been acquired by Atlanta-based Total Server Solutions, Total Server Solutions announced on Friday. Financial details of the acquisition were not announced, however, Total Server Solutions said it has just raised $23M in a combination of equity and debt for acquisition financing and growth. That funding came from Layer 7 Capital and J.P. Morgan Chase. ZeroLag's main data center was in Los Angeles, and also had a backup facility in Austin, Texas, and a disaster recovery site in Charlotte, North Carolina.