eStruxture Data Centers, a new network and cloud-neutral data center operator delivering colocation, private cloud, managed services, and bandwidth services, a company based in Montréal, has announced the creation of its Canada-wide data center platform. It would serve the increasing demand for large, energy efficient data centers, driven by the adoption of cloud services and a move to store data within Canada.
An initial $80 million in funding capital raised, led by Canderel and Caisse de dépôt et placement du Québec, will be used to expand eStruxture’s footprint across Canada through the acquisition of existing data center operators and new data center development.
eStruxture Data Centers completed its first acquisition by purchasing the assets of Netelligent Hosting Services, one of the largest data center operators in Montréal.
Netelligent has been providing colocation, cloud, managed services and bandwidth to over 850 customers and has developed a cloud-neutral ecosystem enabling its customers to access diverse private and public cloud providers. The downtown data center facility would be uniquely positioned to provide eStruxture customers with high-density power of up to 30 kW per colocation cabinet.
“Cloud adoption and the overall proliferation of data is driving increased demand for hyper-scaled, enterprise class data centers to support processing and storage capacity,” said Todd Coleman, President and Chief Executive Officer (CEO) of eStruxture. “Customers are looking for experienced data center operators with the expertise and financial ability to grow with customer needs. The Canadian market provides competitive advantages that global customers, looking to process and store their data in North America, find appealing, including the low energy costs, cooler climate and business-friendly regulatory framework.”
“We are excited about developing this new platform with world-class partners,” said Jonathan Wener, founder and CEO of Canderel and founding partner of eStruxture. “We intend to share our expertise and network with eStruxture to help the company expand in new markets across Canada.”
“With this investment in the cloud-data management industry, la Caisse once again supports a promising, fast‑growing sector,” said Christian Dubé, Executive Vice-President, Québec at la Caisse. “eStruxture is backed by seasoned managers whose expertise will benefit local, national and international companies alike that are adopting cloud computing to improve efficiency. We believe in the company’s business model and aim to support it in its expansion across Canada.”