Strato

Strato

Web hosting, domains, and cloud storage solutions.

HQ location
Berlin, Germany
Website
Launch date
Enterprise value
$660m
Company register number
HRB 79450 B (Charlottenburg (Berlin))
  • Telecommunication
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor

€0.0

round
investor

€0.0

round

€600m

Valuation: €600m

Acquisition
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
EUR2016
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Company filings or news article

Notes (0)
More about Strato
Made with AI
Edit

In 1997, as the internet was moving from a niche curiosity to a mainstream tool, Marc Alexander Ullrich and Norbert Stangl saw a gap in the market. Web hosting in Germany was complex and expensive, creating a high barrier for individuals and small businesses to get online. Their idea was to simplify this process, offering standardized, automated, and affordable web hosting packages. They founded STRATO in Berlin to give people without deep technical knowledge a straightforward path to their own homepage. STRATO's journey saw rapid changes in ownership. Shortly after its founding, the founders sold the company to Teles AG in 1998. In 2009, Deutsche Telekom acquired STRATO for 275 million euros, aiming to bolster its own hosting business and making STRATO the number two web hosting provider in Germany. This chapter of its story focused on growth and solidifying its market position. A significant shift occurred in late 2016 when United Internet AG acquired STRATO from Deutsche Telekom for approximately 600 million euros. This move was part of a broader consolidation in the European hosting market. The acquisition integrated STRATO into a larger family of internet service brands, including IONOS and 1&1, expanding its reach and resources. Today, STRATO operates two major data centers in Germany, serves over two million customer contracts, and manages more than four million domains, a testament to its evolution from a simple idea into a major European web host.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo