Hivelocity Appoints Jim Parks as New CEO to Drive Growth in AI Infrastructure

Jim Parks has more than 20 years of leadership experience in infrastructure, SaaS, and data services. Before joining Hivelocity, he was CEO of Ntirety, where he helped grow the company before 11:11 Systems acquired it. He also held leadership roles at Flexential and Passport, focusing on revenue growth, product strategy, and global team management. Parks also has strong experience working with private equity-backed companies focused on customer growth and long-term success.

Under the leadership of Jim Parks, Hivelocity plans to expand its bare-metal and AI-ready infrastructure, including increasing GPU capacity. The company will also continue improving customer experience, building partnerships in the AI industry, and launching new solutions to help customers manage growing workloads.

"Hivelocity has earned its reputation on performance and on people who care about the customer," said Parks. "My focus is to build on that foundation and grow with our customers as they take on the next wave of compute. They want capacity, but, as importantly, a partner who stays responsive as requirements change, grows with them, and always shows up when it counts. That is the company we are building."

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"Jim has a clear track record of building infrastructure businesses that grow profitably and put the customer first," said Drew Reid, Valterra Partners. "He brings the operating rigor and commercial instinct Hivelocity needs to capture the moment ahead, and we are proud to back him as the company enters its next chapter of growth."

About Hivelocity

Founded in 2002, Hivelocity provides high-performance bare metal and AI ready infrastructure for mid market and enterprise businesses. With more than 20 years of experience, and a strong customer support team, the company helps businesses grow with reliable and scalable infrastructure solutions.

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