Wasabi Secures $112M Series C Funding, Sets Sights on Global Expansion
Cloud storage company Wasabi has raised $112 million in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The funding round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million.
Vantage Opens Its Second of Five Planned Data Centers in Northern Virginia
Global data center provider Vantage Data Centers, aiming its services at hyperscalers, cloud providers and large enterprises, has completed phase one of VA12. It’s the second of five planned data centers at the company’s Northern Virginia campus located in the heart of ‘Data Center Alley.’
Serverfarm Acquires Data Center in Los Angeles
Data center developer and operator Serverfarm has acquired a data center strategically located in El Segundo, a major metro city in Los Angeles, with its long-term partner, NantWorks. The 117,500-square-foot, 22 MVA building is host to hyperscale, transportation, healthcare and government tenants.
Baltic Data Center Operators DEAC and DLC Create Joint DR Solution
Data center operator DEAC, in cooperation with the Lithuanian company Data Logistics Center (DLC), have pooled their resources and created a disaster recovery (DR) solution for enterprises. This DR solution is based on the companies’ two data centers in Riga (Latvia) and Vilnius (Lithuania).
Dell Technologies Upgrades Performance of Its PowerStore Storage Systems
Dell Technologies has upgraded the performance of Dell EMC PowerStore enterprise storage systems with new software and automation capabilities. The company is also introducing the PowerStore 500, a lower-cost model suitable for a broader range of businesses and use cases with enterprise performance and features.
Schneider Electric Launches 3-Phase 200-500 kW UPS, Galaxy VL
Schneider Electric has announced the worldwide rollout of the Galaxy VL 200-500 kW (400V/480V) 3-phase uninterruptible power supply (UPS). This one is the latest edition in the Galaxy family.
Network Solutions Company Network Connex Acquires Advantage Engineers
Network Connex, a Chicago based provider of network deployment solutions for fiber optics, data centers, hyperscale cloud, wireless, and video networks, with operations in Europe and the United States, has acquired Advantage Engineers to gain control over the U.S. West Coast Market.
New $4.2 Billion, 450MW Mega Data Center to be Built in Portugal
U.S. investment fund Davidson Kempner and British investment firm Pioneer Point Partners will jointly invest up to €3.5 billion ($4.21 billion) in a large data center in Portugal - to be operational by 2025. This mega data center will have a total capacity of 450 MW.
Vertiv Opens New Plant in Croatia for Its Integrated Modular Data Center Solutions
Supporting its Integrated Modular Solutions (IMS) business in EMEA, Vertiv has announced the opening of its new manufacturing facility in Rugvica, Croatia. The new facility would allow for easy expansion to capitalize on opportunities from the “rapidly growing” prefabricated modular data center (PFM) market.
Open19 Data Center Rack Standard Framework Goes to The Linux Foundation
The Linux Foundation from now on will be hosting the Open19 rack standard framework to help accelerate innovation within data center and edge hardware environments. Next to OCP (Open Compute Project), originated by LinkedIn, Open19 provides an efficient form factor for servers and rack deployments in data centers.
Uptime Institute: Data Center Outages Remain a Major Industry Concern
While improvements have been made with technology and better management of availability, outages remain a major industry, customer, and regulatory concern, stated Uptime Institute in its 3rd Annual Outage Analysis report. The report also shows that the overall impact and direct and indirect cost of outages continue to grow.
