Cogeco Peer 1 provides Internet hosting services that include managed hosting, dedicated servers, colocation, and cloud computing. The company is headquartered in Vancouver, BC, Canada and a wholly owned subsidiary of Cogeco Cable Inc. The company serves more than 13,000 customers from 19 data centers located in Canada, the United States and England.
The company was founded in Vancouver, British Columbia, Canada in 1999 by Lance Tracey and Mark Teolis. From the beginning, the co-founders targeted small- and medium-sized business customers.
In 2004, the company acquired ServerBeach, a dedicated hosting provider located in San Antonio, Texas, for $US 7.5 million. ServerBeach had been started by Richard Yoo, who had served as the CEO of Peer 1 Hosting competitor Rackspace, who returned to RackSpace after the acquisition. ServerBeach was the host for video hosting company, YouTube, which as it expanded powered expansion of the data centre. After YouTube was acquired by Google, the operations were migrated to Google data centers.