The amount of the deal was not disclosed. In conjunction with the funding, Craig Kahler, Director of Private Equity at Safanad, joined the board of CentralColo.
Founded in 2015 by Arman Khalili in partnership with Industry Capital, a San Francisco based private equity firm investing in real assets globally, CentralColo owns and operates regulated data centers delivering fiber connectivity, high power and efficient cooling, retail and wholesale services.
The company’s first facility is a large carrier neutral, network dense and cross connect friendly Tier III data and compute center with over 8 MW of IT load in Silicon Valley.
In addition to the funding, the company also appointed Ken Parent as CEO and member of the board of directors.