City of San Antonio Economic Development

The Culture of Business

LIQUID WEB AIMS TO DEVELOP IN DOWNTOWN SAN ANTONIO

WEB AIMS TO DEVELOP IN DOWNTOWN SAN ANTONIO

-Company Plans to Add 100 Employees –

SAN ANTONIO (September 22, 2016) –Liquid Web, a rapidly growing web hosting and cloud services provider devoted to delighting customers, recently acquired the Cloud Sites business unit from Rackspace and is looking to establish a presence in downtown San Antonio.Both the San Antonio City Council and Bexar County Commissioners Court will consider granting Liquid Web incentives to assist in the company’s expansion within San Antonio’s developing downtown tech district.

“We are pleased that Liquid Web selected San Antonio as the best place to grow the business unit it recently acquired from homegrown company Rackspace,” said Mayor Ivy R. Taylor. “The company’s decision is a testament to San Antonio’s strengthening downtown tech district and to our developing, robust tech ecosystem.”

On September 29, City Council is scheduled to consider an up to $225,000 Economic Development Incentive Fund (EDIF) grant if Liquid Web hits its committed job milestones, which entails relocating and creating up to 100 jobs over the next four year sat their new downtown location.

“We welcome and encourage Liquid Web to grow in San Antonio,” said Bexar County Judge Nelson Wolff. “The average annual salary is estimated to beover $65,000 a year. This is a great addition to the high-wage job opportunities available in our community.”

In addition, Bexar County Commissioners Court will consider granting Liquid Web $150,000 from the Bexar County Innovation Fund on October 4. The proposed County agreement would require Liquid Web to create a minimum of 43new jobs, retain 55, and remain in Bexar County for at least three years.

“Our community is committed to growing a robust and flourishing tech ecosystem,“ said Jenna Saucedo-Herrera, President & CEO at San Antonio Economic Development Foundation. “The collaboration demonstrated by our City and County leaders is sending a strong message to tech communities around the world that San Antonio welcomes growth, innovation, and technology.”

“Through our community’s economic development strategic plan, Forefront SA and our SA Tomorrow planning efforts, we work diligently to meet the long-term goals of talent attraction, entrepreneurial development, and high-wage and targeted industries growth,” added City Manager Sheryl Sculley. “This project with the associated high-wage jobs coming to downtown is a great example of that commitment.”

Founded in 1997, Liquid Web has maintained consistent growth as a leader in managed web hosting and cloud services, appearing on Inc. Magazine’s list of the 5,000 fastest growing privately-owned US businesses ten consecutive years (2007-present); a feat only eclipsed by fifteen total businesses. The company’s full suite of products ranges from virtual private servers (VPS), to dedicated bare metal cloud servers, to managed WordPress, among a variety of additional dedicated server solutions and customizable cloud and hosting services.

Its proprietary support model, Heroic Support®, has attracted customers across a large variety of sizes and needs with its reputation for providing excellent, always available service and delivering industry-leading third-party customer satisfaction metrics.

“We are excited to contribute to the vibrant tech community in San Antonio,” said Jim Geiger, CEO at Liquid Web. “We intend to earn a preferred tech employer reputation with our civic involvement, training and benefits, and strong customer-centric culture.”

“There is clearly something special happening in San Antonio, as it continues to evolve and grow its tech district,” Geiger added. “We came to realize that San Antonio would provide our company with the most ideal environment to stimulate the continued growth of Cloud Sites.”

About Liquid Web

Liquid Web is a $100 million web hosting and cloud services provider devoted to delighting customers. Liquid Web delivers reliable, highly-available, secure and hassle-free hosting fueled by our Heroic Support®. The company empowers its employees to go above and beyond to make life easier for professionals who create the content and commerce on the ever-changing web – so they can focus on the work they love.

Liquid Web offers a broad portfolio designed so customers can choose their own adventure whether it is hands-on or hands-off or a hybrid of the two. The company owns and manages its own data centers providing a diverse range of offerings spanning from bare metal servers to managed WordPress and continues to evolve its service offerings to meet the ever-changing needs of its customers.

With over 30,000 customers spanning 150 countries, the company has assembled a world-class team, global data centers and an expert group of 24/7/365 solution engineers. As an industry leader in customer service* with a 98 percent satisfaction rating, the rapidly expanding company has been recognized among INC Magazine’s 5000 Fastest Growing Companies for the last ten years. Liquid Web is part of the Madison Dearborn Partners family of companies. Madison Dearborn Partners, LLC (“MDP”) is a leading private equity investment firm based in Chicago. For more information, please visit http://www.liquidweb.com, follow us on Twitter @LiquidWeb, or read our blog posts at http://www.liquidweb.com/blog.

*Q2 Net Promoter Score of 74

About the San Antonio Economic Development Foundation

The San Antonio Economic Development Foundation is a private, non-profit organization leading San Antonio transformative economic growth through business recruitment, business retention & expansion and workforce development through SA Works. The organization is responsible for assisting over 450 companies locate or expand in the area that collectively employ more than 110,000 San Antonians. For more information on SAEDF, visit SanAntonioEDF.com, Facebook.com/SanAntonioEDF or follow us on Twitter @SanAntonioEDF.

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Contacts:

John Ellis                                                              Gisela Girard

Jellis@sanantonioEDF.com                 ggirard@creativecivilization.com

210.802.4896                                                       210.227.1999

210.870.8656 (cell)

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This entry was posted on September 22, 2016 by in News Stories, Press Releases.

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