Vapor IO, an Austin, TX-based developer of integrated hardware and software solutions for edge computing, raised a Series C funding round of undisclosed amount.
The round was led by private equity firm Berkshire Partners, with participation from current investor Crown Castle.
The company intends to use the funds to launch its Kinetic Edge colocation and interconnection services, while expanding its presence of edge data centers.
Led by Cole Crawford, founder and CEO, Vapor IO is developing a nationwide edge colocation and interconnection platform at the edge of the wireless network. Serving the world’s largest wireless carriers, cloud providers, web-scale companies and other innovative enterprises, the company’s Kinetic Edge combines multi-tenant colocation with software-defined interconnection and high-speed networking. The Kinetic Edge delivers highly-distributed edge infrastructure at the edge of the wireless network.
The company has deployed its Kinetic Edge in Chicago, IL and has plans to have projects underway in the top 20 markets with 100+ sites by 2020.
FinSMEs
06/09/2018