What is 365 Data Centers?
365 Data Centers operates as a prominent network-centric colocation provider, managing a portfolio of carrier-neutral data centers strategically positioned in key, primarily edge markets. The company offers a comprehensive suite of Infrastructure-as-a-Service (IaaS) solutions, encompassing secure and reliable edge colocation, extensive nationwide network connectivity, cloud compute and storage, Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and business continuity services. Their mission, supported by 24/7 customer support, is to deliver best-in-class colocation, cloud, and network infrastructure, enabling clients to optimize costs, foster innovation, and enhance customer experiences.
How much funding has 365 Data Centers raised?
365 Data Centers has raised a total of $197M across 4 funding rounds:
Debt
$55M
Series B
$16M
Debt
$1M
Debt
$125M
Debt (2014): $55M, investors not publicly disclosed
Series B (2014): $16M led by Crosslink Capital and Housatonic Partners
Debt (2020): $1M supported by PPP
Debt (2021): $125M featuring ING Capital Markets, Regions Capital Markets, TD Securities, Boundary Street Advisors, and CIT
Key Investors in 365 Data Centers
ING Capital Markets
ING Capital Markets LLC is a subsidiary of ING Bank N.V., specializing in wholesale banking services and operating as a full-service swaps dealer offering a wide range of derivative products to domestic and international clients.
TD Securities
TD Securities provides a broad spectrum of capital market products and services to corporations, governments, and institutions globally, including underwriting, strategic advisory, and daily trading execution.
Boundary Street Advisors
Boundary Street Advisors is a commercial real estate firm focused on brokerage, property management, and development services, particularly in urban infill projects across the Southeast.
What's next for 365 Data Centers?
The substantial enterprise-level funding indicates a strategic phase for 365 Data Centers, likely focused on expanding its network infrastructure, enhancing its service offerings, and potentially acquiring new edge markets. This capital injection is expected to fuel further growth and solidify its competitive position in the rapidly evolving data center landscape, enabling the company to meet increasing demand for low-latency connectivity and robust cloud services.
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