As the hosting market grows in India, the demand for data centers and hosting services has increased exponentially.
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For more than 10 years, India-based managed hosting provider NetMagic (netmagicsolutions.com) has offered hosting services for customers, combined with efficient monitoring and management of their technology infrastructure.
Last month, the managed hosting provider received $20 million in financing, courtesy of Fidelity International and Nexus India Capital. Together with $5 million of its own capital, the money makes it possible for NetMagic to expand on an international playing field.
NetMagic is now able to build upon its presence in North America, which currently consists of a virtual data center in Sunnyvale, California. The company has multiple data centers in Mumbai and Bangalore.
