Fusepoint Managed Services
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Internet hosting service
Disaster Recovery
Firewall Security
| Company type | Private |
|---|---|
| Industry | IT Services Internet hosting service Disaster Recovery Firewall Security |
| Founded | 1999 |
| Headquarters | Toronto, Ontario, Canada |
| Website | www.fusepoint.com |
Fusepoint Managed Services was a provider of managed IT solutions for companies throughout North America. Founded in 1999, Fusepoint (formerly known as RoundHeaven Communications) grew by over 1,400% within five years and, in 2008, was ranked 46th by PROFIT magazine in a list of Canada's 100 fastest-growing companies.[1] Fusepoint was ranked as the 83rd largest technology company according to Globe's Branham Group. Fusepoint was a privately held company with offices and data centres in Vancouver, Toronto, Montreal and Quebec City.[2] Savvis, Inc acquired Fusepoint in 2010.
Fusepoint operates as a managed service provider (MSP), helping to safeguard and guarantee access to a company's data and mission-critical applications[3] through a variety of services including infrastructure hosting, disaster recovery, and firewall security.[4]
Fusepoint has one primary investor. M/C Venture Partners, a Boston, Massachusetts-based venture capital firm, invested US$20 million in Fusepoint in July 2001[5] and an additional US$10 million in 2004. Savvis, Inc. declared on June 1, 2010, that it had signed a definite agreement to purchase Fusepoint for around $124.5 million in cash, subject to adjustments related to working capital.[6] The transaction was finalized on June 16, 2010.[7]
Fusepoint acquisitions[8] include Toronto-based Worldwide Online, a hosting and professional services firm in March 2005 and Montreal-based outsourcing firm Versus in October 2004. The company regularly conducts polls in Canada on topics on identity theft, business continuity, and disaster recovery.[9]