Codero Gets $8M in Financing, Plans Dallas Expansion

Inside one of Codero's data centers (Photo: Codero)

Hosting provider Codero received $8 million in financing from Silicon Valley Bank and Farnam Street Financial, and will use the funds to expand its hybrid hosting product across all of its data center locations as well as expand into the Dallas/Ft. Worth market. Read More

Currency Miners Cause Spot Shortages of Dedicated Servers

(Photo by Zach Copley via Flickr).

A number of dedicated hosting providers are running short of servers to lease, and attributing the shortages to heavy buying by customers mining for digital currencies. Surge buying by Primecoin miners has tested the capacity of at least one cloud provider, but others see opportunity. Read More

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