Inap
AcquiredLos Angeles, US Β· Founded 1998 Β· 177 employees on LinkedIn Β· 1 known investors
INAP (Internap) sold data center, colocation, bare metal, network and cloud infrastructure services before being broken up and acquired.
Also known as HorizonIQ Β· INAP Β· Internap Β· Internap Corporation Β· Internap Holding LLC
Investors Β· 1
Company profile
researched Aug 2026Internap Holding LLC, operating as INAP, is an IT infrastructure services company selling data center, colocation, hosting, cloud computing and network services. Its portfolio included Performance IP, hosting, cloud, colocation and hybrid infrastructure services delivered through Private Network Access Points (P-NAP) across North America, Europe, Asia-Pacific and Australia. The company positioned its offering as performance-driven, secure hybrid infrastructure combining multi-platform cloud, data centers, optimized network and managed services, at one point spanning more than 20 markets worldwide.
Following a series of asset sales beginning in 2020, INAP narrowed to a stand-alone cloud business centered on a bare metal platform, operating in 11 metropolitan markets (8 in the US, 2 in Europe, 1 in Asia) as of 2023. The company rebranded as HorizonIQ in January 2024. Its former colocation footprint β nine data centers β now operates as part of Evocative, which provides colocation, bare metal, network and managed services from carrier-neutral facilities in the US and beyond.
Business model
The company sold recurring infrastructure services β colocation cabinets, cages and suites, dedicated bare metal servers, IP transit and network connectivity, managed and cloud services β to enterprise customers, complemented by acquisitions of hosting and data center providers and, later, divestitures of individual asset groups.
Traction
Reported revenue of $317 million in 2018 and a data center portfolio spanning more than 20 markets worldwide at its peak. The nine data centers sold to Evocative increased that buyer's employee count by 30 percent and brought its footprint to 20 carrier-neutral Tier II and Tier III US data centers, 1,080,000 square feet, 108 MW of available power, more than 500 carriers and over 2,000 carrier, content and enterprise clients.
Latest developments
INAP completed its second Chapter 11 restructuring on August 1, 2023, emerging as a stand-alone cloud business with reduced debt, enhanced liquidity and a capital infusion from existing investors to modernize its server fleet and network infrastructure. It rebranded to HorizonIQ on January 24, 2024, and Summit announced the acquisition of HorizonIQ in December 2025, stating that HorizonIQ's technology and teams would become part of the Summit brand and platform. The acquired colocation assets operate under Evocative, which was named to CRN's Managed Service Provider 500 (Elite 150) for the eleventh consecutive year in February 2026.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
A mid-market to enterprise data center and hybrid infrastructure provider, benchmarked against peers such as Equinix, Digital Realty, CyrusOne, CoreSite, Flexential, TierPoint, DataBank and QTS. Reported revenue was $317 million in 2018, with employee counts declining to approximately 100 by the time of later filings.
Technology
INAP's technology included the patented Managed Internet Route Optimizer (MIRO) route optimization system and Private Network Access Points (P-NAP). In 2011 it launched what it described as the world's first commercially available OpenStack Cloud Compute service, and later introduced a bare metal service on the OpenStack platform aimed at devops teams running mission-critical applications and big-data workloads. Reported infrastructure and vendor technologies include Juniper Networks, Cisco, VMware ESXi, Microsoft Hyper-V and Nginx. The successor Evocative platform combines colocation, a carrier-neutral global network backbone, dedicated bare metal servers and managed services, with cloud on-ramps and an EvoPod offering targeted at AI, machine learning and high-performance computing workloads.
Go-to-market
Direct enterprise sales supplemented by channel and partner arrangements, including a partnership with AVANT Communications announced in October 2020 to bring high-density colocation, managed cloud and network services to the EMEA region following a US partnership.
Enterprises and digital innovators ranging from Fortune 500 companies to emerging startups, including carrier, content and enterprise clients; named customers of the successor Evocative business include SingleStore and Exabeam.
Geography
Headquartered in Norcross/Atlanta, Georgia, with an address also listed in Reston, Virginia. Data centers and points of presence in North America, EMEA and Asia-Pacific, including facilities in Chicago (Franklin Park, Illinois), Seattle (Tukwila, Washington) and Montreal (Verdun, Quebec). As of 2023 the stand-alone cloud business operated in 11 metropolitan markets: eight in the US, two in Europe and one in Asia. Colocation sites transferred to Evocative covered New York, New Jersey, Virginia, Dallas, Phoenix, Los Angeles, Silicon Valley, Boston, Atlanta and Seattle.
History
Founded in Seattle, Washington in 1996, Internap held its IPO in 1999 and traded on Nasdaq under INAP. In 2000 its patented Managed Internet Route Optimizer (MIRO) technology was added to the Smithsonian's permanent technology exhibit, and the company acquired CO Space (its first entry into data center services) and VPNX.com. It acquired VitalStream Holdings in February 2007, Voxel Holdings in early 2012, iWeb in November 2013, and SingleHop for $132 million in cash in February 2018. Leadership included Mike Ruffolo as president and CEO from May 2015 to September 2016, Peter Aquino from September 2016, John Scanlon, and Michael Sicoli as president and CEO at the 2023 emergence from Chapter 11. Internap Technology Solutions and six affiliated companies filed Chapter 11 in March 2020 and emerged in May 2020, after which the company divested assets: the Houston colocation business to Netrality (June 2020), Ubersmith to Lumine Group (July 2021), Canadian data centers operating as iWeb to Leaseweb (August 2021), the network business including INAP Japan to Unitas Global (May 2022) and nine colocation sites to Evocative (September 2022). A second Chapter 11 filing followed on April 28, 2023, completed August 1, 2023, and the company rebranded to HorizonIQ on January 24, 2024. Summit announced its acquisition of HorizonIQ in December 2025.
Risks & controversies
The company filed for Chapter 11 bankruptcy twice, in March 2020 and again in April 2023, with the second filing giving lenders control of the business. In late September and October 2022, INAP's ServerIntellect product was hit by a ransomware attack that disrupted multitenant website, database and email hosting services and caused data loss, leading INAP to discontinue multitenant hosting. INAP removed the original incident report from its Operational Transparency page on October 5, 2022; TechRadar published an article speculating that the removal was an attempt to conceal the full effects of the attack.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 24
launches, deals, and filingsSummit announced it had acquired HorizonIQ, stating that all HorizonIQ services would continue uninterrupted during integration and that HorizonIQ's technology and teams would become part of the Summit brand and platform.
Internap Holding LLC completed its restructuring and emerged from Chapter 11 as a stand-alone cloud business with reduced debt and enhanced liquidity, receiving a capital infusion of undisclosed size from its existing investors to modernize its server fleet and network infrastructure, increase automation and enhance product offerings.
INAP filed for Chapter 11 bankruptcy a second time, after announcing on April 27, 2023 that the filing would give lenders control of the company.
Internap announced a bare-metal service on the OpenStack platform providing a high-performance IaaS option for devops teams deploying mission-critical applications and big-data workloads.
Evocative closed the acquisition of the majority of INAP's data centers, including colocation and related network services β nine facilities that increased Evocative's employee count by 30 percent and added the Boston, Atlanta and Seattle markets. The deal was funded via an incremental undisclosed equity investment led by Crestline Investors, Inc.; Bank Street Group LLC and Rothschild & Co served as co-lead financial advisors to INAP.
INAP's ServerIntellect product was targeted by a ransomware attack affecting its multitenant website, database and email hosting services and causing data loss; INAP subsequently discontinued multitenant hosting services and removed the original incident report from its Operational Transparency page on October 5, 2022.
INAP announced the sale of the majority of the assets associated with its colocation business, consisting of nine sites, to Evocative.
INAP announced the sale of the assets associated with its network business, including INAP Japan, to Unitas Global.
Leaseweb acquired INAP's Canadian data centres, then operating under the iWeb name.
INAP sold Ubersmith to Lumine Group for an undisclosed amount.
INAP announced the appointment of Kevin Goodman as Senior Vice President, Business Operations, Marketing and Strategy.
AVANT Communications joined forces with INAP to bring hybrid infrastructure solutions, including high-density colocation, managed cloud and network services, to the EMEA region following a US partnership.
INAP announced the sale of its colocation business at 1301 Fannin St, Houston, TX to Netrality Data Centers.
Internap Technology Solutions, Inc. and six affiliated companies filed Chapter 11 bankruptcy in the United States District Court for the Southern District of New York; the company emerged on May 11, 2020.
Internap acquired SingleHop for $132 million in cash.
$132M source β
Peter Aquino, formerly chairman and CEO and later executive chairman of Primus Telecommunications Group, was named president and CEO of INAP.
Mike Ruffolo served as president and CEO from May 2015 until September 2016 and was a member of the board.
INAP announced the acquisition of iWeb, a hosting and cloud provider based in Montreal, Canada.
INAP acquired Voxel Holdings, a provider of scalable hosting and cloud services for enterprise users.
The INAP Santa Clara data center became the first commercial data center in the U.S. to achieve the Green Building Initiative's Green Globe certification.
INAP launched what it described as the world's first commercially available OpenStack Cloud Compute service.
INAP acquired content delivery service provider VitalStream Holdings.
INAP acquired CO Space, its first entry into data center services, and VPNX.com, a managed VPN provider.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 8
primary sources listed
- Inapinap.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Inap do?
- INAP (Internap) sold data center, colocation, bare metal, network and cloud infrastructure services before being broken up and acquired.
- Who are Inap's investors?
- Inap's investors include SPRINGROCK VENTURES.
- Where is Inap headquartered?
- Inap is headquartered in Los Angeles, US.