Vapor IO, the Austin, Texas-based creator of a nationwide platform for edge colocation and networking services, received additional investment from Berkshire Partners and Crown Castle.
This brought aggregate Series C funding to $90m.
The latest tranche of funding will accelerate the company’s build-out of its Kinetic Edge platform.
Led by Cole Crawford, founder and CEO, Vapor IO provides the Kinetic Edge platform, a fully-integrated system of edge colocation, networking, and exchange services that operates at city-scale in key metropolitan regions. The Kinetic Edge uses custom data centers, dedicated fiber, and networking services to deliver a complete solution for infrastructure edge computing. The nation’s largest carriers, cloud providers, CDNs, web-scale companies, and innovative private enterprises place their compute, storage, and networking technologies in Kinetic Edge locations, which are strategically located near the existing wired and wireless access networks, including emerging 5G wireless networks.
Already deployed in Chicago, Atlanta, Pittsburgh, and Dallas, the company has another 16 markets in pre-construction. They plan to deliver its Kinetic Edge platform to the top 36 U.S. metropolitan markets by the end of 2021.
Vapor IO also announced a nationwide partnership with Cloudflare. As part of this partnership, Cloudflare will roll out its cloud services via the Kinetic Edge platform across 36 U.S. cities.
FinSMEs
22/01/2020