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Home > Cloud Computing > DataBank makes investment in EdgePresence

DataBank makes investment in EdgePresence

DataBank, a provider of enterprise-class colocation, connectivity, and managed services, announced that it has made a $30M strategic investment in EdgePresence.

Seda Nur Cinar by Seda Nur Cinar
October 22, 2020
in Cloud Computing, Data Center
2 min read
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DataBank invests in EdgePresence
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DataBank announced that it has made a $30M strategic investment in EdgePresence. EdgePresence’s Edge Data Centers (EDCs) are modular, purpose-built data centers and compactly designed to include critical power, monitoring, physical security, and cooling.

Unlimited geographic flexibility

Statesboro, Georgia-based EdgePresence is the owner and operator of multi-tenant, modular data centers that provide space, power, bandwidth, and interconnection across U.S. markets.

Raul K. Martynek, DataBank’s CEO
Raul K. Martynek, CEO, DataBank

Raul K. Martynek, DataBank’s CEO, said,

“With the continued expansion of 5G and internet infrastructure, we are seeing the need for geographic-specific colocation solutions. 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. The combination of DataBank’s expanded footprint with zColo facilities and EdgePresence modular solutions will allow us to offer customers almost unlimited geographic flexibility for their IT infrastructure.”

EdgePresence has partnered with fellow Digital Colony portfolio company Vertical Bridge, a 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.

DataBank has acquired zColo, including certain U.S. and European data center assets, from Zayo Group Holdings. The zColo acquisition brings to DataBank an additional 44 data centers including 13 key interconnect locations across 23 markets in the U.S. and Europe.

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Tags: DataBankEdgePresence LLCRaul K. MartynekVertical BridgezColo
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Seda Nur Cinar

Seda Nur Cinar

Seda Nur Cinar is the news editor of the Cloud7 News. With more than 8 years of Linux and cloud experience, Seda is a Linux and opensource enthusiast, security researcher and a web application developer.

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