case study · 1997 — 2002
Intira Corporation
Founder & Chief Executive Officer
Intira — St. Louis · New York · California
Founded Intira to add data centers onto the SAVVIS network design — and built the first company ever to sell cloud computing as a service ('Netsourcing'), running customers' infrastructure end to end.
⊕ The mandate
- First ever to sell cloud computing as a service (Netsourcing)
- Raised CAPCO seed funding led by Stifel Nicolaus
- Closed $30M financing from Ascend and Cascade Communications
- Built 3 data centers (Missouri, New York, California); $1.7M/month revenue
⚔ The hard problem
Funding and building three data centers and an entirely new 'cloud-as-a-service' business model — one of the most capital-intensive bets in early hosting.
◆ Outcomes
- The original cloud-computing-as-a-service company
- Intira → Data Return → Terremark (NASDAQ: TMRK) → Verizon for ~$1.6B
- Design, topology, and GTM strategy stayed intact for 15+ years
⚙ Focus areas
- Data Centers
- Cloud as a Service
- Netsourcing
- Enterprise Infrastructure