Corso

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Corso - overview

Established

2011

Location

Royal Leamington Spa, England, UK

Primary Industry

Outsourcing

About

Corso is a provider of advanced web server solutions, dedicated to empowering businesses with reliable digital infrastructure. Their offerings enhance website hosting, data storage, and application deployment, catering to a diverse clientele in various sectors. Corso, founded in 2011 and headquartered in Royal Leamington Spa, UK, specializes in web server solutions. The company has undergone strategic shifts, focusing on expanding its service offerings.


Joao Correia, the founder, has a background in technology development. Corso has engaged in 2 deals, with the most recent being a Seed round in September 2016, where they raised GBP 0. 350 mn from Midven, totaling GBP 0. 350 mn in funding.


Corso offers a robust web server platform tailored for businesses seeking dependable digital infrastructure. This platform supports high-traffic websites and addresses scalability and reliability challenges for e-commerce and content-driven clients. Their services cater to startups, mid-sized firms, and large corporations primarily in North America and Europe. The company's revenue is generated through a subscription-based model, allowing clients to access web server solutions via various pricing tiers.


Businesses can choose monthly or annual billing cycles, with premium support and enhanced performance features contributing significantly to their revenue. Partnerships with resellers and technology integrators further support their market presence. Looking ahead, Corso aims to innovate new products designed to enhance their web server offerings, although specific release dates have not been disclosed. The company plans to expand into new markets, targeting regions within North America and Europe by leveraging their recent funding.


Following their most recent deal on September 12, 2016, where they were acquired by ERwin, Corso's growth strategy will be supported by the capital raised, although specific utilization details have not been shared.


Primary Industry

Outsourcing

Sub Industries

Offshore IT Services/IT Outsourcing

Website

www.corso3.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Corso - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedConcepción-Cabrero Highway-
Trade SaleCompletedIquique Highway-

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Corso - employee data

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