Data center colocation, connectivity, and managed services provider, DataBank, a Colony Capital portfolio company, has made a $30 million strategic investment in EdgePresence. As an owner and operator of multi-tenant, modular data centers, EdgePresence provides colocation space, power, bandwidth, and interconnection across key U.S. markets.
EdgePresence’s ‘Edge Data Centers’ (EDCs) are modular, purpose-built data centers. These facilities are comprehensively and 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 would enable DataBank to co-locate its customer workloads at the ‘far edge’ to further reduce latency and improve performance for select applications. This modular capability is intended to complement and expand DataBank’s edge strategy. It comes just weeks after the company announced a tripling of its footprint with the acquisition of Zayo Group’s zColo data centers.
“With the continued expansion of 5G and Internet infrastructure, we are seeing the need for geographic specific colocation solutions,” said Raul K. Martynek CEO of DataBank. “EdgePresence’s modular installations will allow DataBank to deploy these targeted solutions for specific applications and use cases where traditional data center options are not optimal. DataBank’s expanded footprint with the combination of zColo facilities and EdgePresence modular solutions will allow us to offer customers nearly unlimited geographic flexibility for their IT infrastructure.”
EdgePresence is partnering with Digital Colony portfolio company Vertical Bridge, a large private owner and operator of communications infrastructure and locations in the United States. It allows EdgePresence to deploy its solutions at more than a dozen Vertical Bridge locations. The combination of Vertical Bridge, DataBank and EdgePresence assets would help accelerate the deployment of novel infrastructure solutions for cloud, content, and technology customers.
“Since 2018, EdgePresence has established an important strategic position at the ‘far edge’,” said Doug Recker, Founder and President of EdgePresence. “By joining forces with DataBank, we’ll act as a force multiplier for their edge data center strategy, helping to bring data centers closer to the data pools being created by users, enabling next-generation, data-localization strategies and applications for 5G and the IoT.”
EdgePresence will continue to be led by Mr. Recker and the existing management team, and will collaborate closely with DataBank’s leadership team to expand its modular data center solutions.
“I couldn’t be more pleased to welcome Doug and his team to the DataBank family,” said Kevin Ooley, President and CFO of DataBank. “We look forward to leveraging their innovative capabilities to further advance our ‘Data Center Evolved’ strategy.”
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