Warsaw, Poland – October 25, 2016
H88, one of the fastest growing web hosting solutions companies in Poland, owner of the Hekko brand, announced today that it has closed a €5.5 million round of funding from 3TS Capital Partners. The investment will accelerate Company’s growth by supporting launch of new products, development of additional value added services and fueling new acquisition opportunities in Poland.
Headquartered in Poznan, Poland, the Company was founded in 2002 and later merged with three established web hosting companies creating H88. In parallel to the funding round, the Company announced the acquisition of Domeny.pl, another web hosting services provider in Poland.
H88 currently provides domain hosting and a portfolio of other hosting services such as shared hosting, VPS, managed VPS, dedicated servers, colocation services and cloud hosting. H88 also supports its SME and individual clients with value added services such as SSL certification, backups, website creator tools and e-marketing services. Next to the main brand Hekko, services are also offered under Ogicom, Biznes-Host, SuperHost and Domeny.pl brands.
“H88 has all the qualities we look for in an investment: seasoned team with great entrepreneurial spirit, and strong position in the attractive, high growth webhosting market in Poland. We look forward to working with the company in the coming years to help it achieve its full potential as a leader in web hosting solutions.” commented Zbigniew Lapinski, Partner, 3TS Capital Partners.
“We are delighted to have 3TS on board as our partner. This investment is coming at an ideal juncture for H88, in helping us realize our growth ambitions. The investment will provide the resources needed to service key verticals, and capitalize on the acquisition growth opportunities in web hosting services.” added Jakub Dwernicki, Founder and CEO of H88.
About 3TS Capital Partners
3TS Capital Partners is one of the leading European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including Technology & Internet, Media & Communications and Technology-Enabled Services. Investors in the current and past 3TS funds totaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.
Founder and CEO, H88
Partner, 3TS Capital Partners