Philadelphia

EXCLUSIVE: South Jersey Firm Buys MTV's β€˜Real World' House

Christopher Aker will tell you Linode, founded in 2003, was the "Cloud before the Cloud was the Cloud," beating the likes of Amazon and Google to a market that's still growing today.

Now Aker's company, which was completely bootstrapped, will establish a headquarters in Philadelphia's Old City neighborhood at 249 Arch St. The Cloud hosting provider launched in Galloway, N.J., but had been temporarily operating from Kings Hall, a Haddonfield coworking space.

Aker plans to hire 50-70 hands over the next couple of years to work in the new Philadelphia office.

It's a 15,000-square-foot, three-story space last owned by convicted felon Michael Yaron. Aker said he tried to buy it from Yaron last year, but ultimately the building foreclosed, and he struck a deal with the subsequent owner Bancorp a few months ago.

Read the full story here.


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