Rackspace Hosting Goes Public

Rackspace Hosting, a San Antonio based website hosting provider, went public on Friday.

Rackspace is the second venture-backed technology company to go public this year. ArcSight had its public offering on Feb 14, 2008. 48 venture-backed tech companies went public in 2007, according to the National Venture Capital Association.

Rackspace was founded in 1998, and has been a leading website hosting provider ever since. WebDevStudios utilizes Rackspace servers to host all of our production websites.