What is 365 Data Centers?
365 Data Centers is a leading provider of network-centric colocation services, operating a substantial portfolio of carrier-neutral data centers strategically located in primarily edge markets. The company offers a comprehensive suite of Infrastructure-as-a-Service (IaaS) solutions, including secure and reliable edge colocation, nationwide network connectivity, cloud compute and storage, Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and business continuity services. Backed by 24/7 customer support, 365 Data Centers aims to enable its clients to reduce operational costs, foster innovation, and enhance customer experiences through its robust infrastructure.
How much funding has 365 Data Centers raised?
365 Data Centers has raised a total of $197M across 4 funding rounds:
Series B
$16M
Debt
$55M
Debt
$1M
Debt
$125M
Series B (2014): $16M with participation from Housatonic Partners and Crosslink Capital
Debt (2014): $55M, investors not publicly disclosed
Debt (2020): $1M supported by PPP
Debt (2021): $125M featuring Regions Capital Markets, TD Securities, ING Capital Markets, 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. They offer a wide range of derivative products and financial services to domestic and international clients, focusing on regulatory compliance and risk management.
Boundary Street Advisors
Boundary Street Advisors is a commercial real estate firm based in Charlotte, specializing in brokerage, property management, and development services across the Southeast. They focus on urban infill projects and provide expert advisory services for corporations and families.
Housatonic Partners
Housatonic Partners collaborates with entrepreneurs to build enduring companies, providing transformative capital and extensive expertise. Managing over $1.5 billion, they have invested in more than 110 companies across various sectors since their founding in 1994.
What's next for 365 Data Centers?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market expansion for 365 Data Centers. This capital infusion is likely to be directed towards enhancing its existing data center footprint, expanding into new strategic markets, and further developing its suite of advanced services, including cloud compute, storage, and DRaaS solutions. The company's focus on carrier-neutral facilities and edge market presence positions it to capitalize on the increasing demand for low-latency connectivity and distributed computing power. Future developments may include strategic acquisitions or partnerships to broaden its service capabilities and geographic reach, solidifying its role as a key player in the digital infrastructure ecosystem.
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