EdgePresence Receives $30M Strategic Investment from DataBank
Summary
EdgePresence, a Jacksonville, FL-based owner and operator of multi-tenant, modular data centers, providing space, power, bandwidth, and interconnection across key U.S. markets, received a $30M strategic investment from DataBank, a provider of enterprise-class colocation, connectivity, and managed services. This modular capability complements and expands DataBank’s edge strategy and comes just weeks after it announced a tripling of its footprint with the acquisition of Zayo Group’s zColo data centers. EdgePresence has partnered with DataBank’s lead investor Digital Colony portfolio company Vertical Bridge, the largest private owner and operator of communications infrastructure and locations in the United States. The combination of Vertical Bridge, DataBank and EdgePresence assets will accelerate the deployment of novel infrastructure solutions for cloud, content and technology customers. EdgePresence will continue to be run by Doug Recker, the company’s founder and president, and his existing team, and collaborate with DataBank’s leadership team (led by Raul K. Martynek, CEO) to expand its modular data center solutions.