Horizon Data Center Solutions LLC, a Plano, Texas-based data center and IT flexsourcing firm serving government agencies, enterprise clients and forward-thinking SMB’s, announced a $7.5m equity financing.
The round was led by Ballast Point Ventures.
The funds will be used to to open new data centers and expand development of its managed IT services, including its private cloud computing platform.
Commenting on the new infusion of capital, Lance A. Smith, CEO of Horizon, was reported as saying: “This new investment accelerates our plans for expansion with the addition of new data centers in new markets. We have been working on opportunities in both Northern Virginia and California, in addition to expansion in our Dallas home market. This investment will allow us to move quickly on those opportunities to provide much needed top tier data center services to enterprise, Web 2.0 businesses and government entities in these regions”.