Goldman Sachs leads credit and equity financing to Jersey City-based Web hosting provider.

July 8, 2008 (TopHosts News Brief) – DataPipe, a leading Managed Web hosting services provider,
said it has secured $75 million dollars in combined credit and equity financing led by, global investment banker, Goldman Sachs.

Robb Allen, CEO of DataPipe said in a statement: “We’re very pleased to be fully funded for future growth.” He added, “This funding will enable us to expand our data center facilities and enhance our service offerings globally; it’s great news for our clients.”

The first course of action, noted Allen, is to expand its Somerset, New Jersey campus, which has the potential for 60,000 square feet of data center space. DataPipe is also looking at international expansion opportunities in the United Kingdom and China.

A spokeman for Goldman Sachs, Gene Yoon, commented: “We’ve been impressed with DataPipe’s expertise in the managed hosting market and look forward to pursuing additional growth opportunities in partnership with Robb and the DataPipe management team.”

The exclusive financial advisor to DataPipe in this financial transaction was DH Capital, LLC.

Please visit www.datapipe.com to learn more about its IT and managed hosting solutions.