EdgePresence, a Jacksonville, FL-based owner and operator of multi-tenant, modular data centers, providing space, power, bandwidth, and interconnection across key U.S. markets, received a $30M strategic investment from DataBank, a provider of enterprise-class colocation, connectivity, and managed services.
The amount of the deal was not disclosed.
EdgePresence provides Edge Data Centers (EDCs) which are modular, purpose-built data centers, compactly designed to include critical power, monitoring, physical security and cooling. Located at targeted locations at the base of cell towers, key real estate, and enterprise campus locations, these EDCs will enable DataBank to colocate its customer workloads at the “far edge” to further reduce latency and improve performance for select applications.
This modular capability complements and expands DataBank’s edge strategy and comes just weeks after it announced a tripling of its footprint with the acquisition of Zayo Group’s zColo data centers.
EdgePresence has partnered with DataBank’s lead investor Digital Colony portfolio company Vertical Bridge, the largest private owner and operator of communications infrastructure and locations in the United States. EdgePresence is currently deploying at over a dozen Vertical Bridge locations. The combination of Vertical Bridge, DataBank and EdgePresence assets will accelerate the deployment of novel infrastructure solutions for cloud, content and technology customers.
EdgePresence will continue to be run by Doug Recker, the company’s founder and president, and his existing team, and collaborate with DataBank’s leadership team (led by Raul K. Martynek, CEO) to expand its modular data center solutions.
FinSMEs
23/10/2020