The company refinanced its existing debt and secured additional debt financing commitments from Antares, TD Securities, and ING Capital LLC, and received add-on equity funding commitments from its current investors.
The company intends to use the funds for further substantial internal and external growth with investments in its team, facilities and systems, network, service offerings, and direct and channel sales organizations.
Led by Bob DeSantis, CEO, 365 Data Centers is a provider of hybrid data center solutions in ten edge markets. With data centers in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York City and Tampa that serve as regional hubs for carriers, the company operates a total of 169,000 square feet of data center space, 13 MW of power, and a redundant, low latency, nationwide fiber network, including direct connectivity to the NAP of the Americas. Its carrier neutral ecosystem and secure, reliable edge colocation, network, IP, DRaaS, backup, cloud compute and storage, and business continuity services allow organizations to reduce costs, drive innovation and improve their customer experience. 365 Data Centers supports mission-critical application infrastructure by providing SLA protections and adhering to industry compliance standards such as HIPAA, PCI DSS, VISA, SSAE 16, SOC 2 and ISAE 3402.
FinSMEs
20/03/2019