IO Raises $90M in Equity Funding

IO, a Phoenix, Arizona-based provider of next-generation modular data center technology and services, has raised $90m in equity funding.

The round was led by New World Ventures, with participation from existing investors.

The company intends to use the capital to expand sales globally.

In conjunction with the funding, Chris Girgenti, New World Ventures managing partner, has joined IO’s Board of Directors.

Led by George D. Slessman, CEO, IO designs, engineers and delivers data center infrastructure (IO.Anywhere®) for large enterprises, governments and service providers that can be delivered as a Service and deployed as a product to customer sites anywhere in the world.



Join the discussion