DataBank unveils $30m investment in EdgePresence

DataBank unveils $30m investment in EdgePresence

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DataBank has announced that it has made a $30 million investment in EdgePresence, an owner and operator of modular data centres in the US.

EdgePresence’s edge data centres will enable DataBank to colocate its customer workloads to further reduce latency and improve performance for select applications.

DataBank’s edge strategy comes just weeks after it announced a tripling of its footprint with the acquisition of Zayo Group’s zColo data centres.

“With the continued expansion of 5G and internet infrastructure, we are seeing the need for geographic-specific colocation solutions,” said Raul K. Martynek, DataBank’s CEO.

“EdgePresence’s modular installations will allow DataBank to deploy these targeted solutions for specific applications and use cases where traditional data centre 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.”

The company said the announcement is another example of the convergence of digital infrastructure and the ecosystem benefits of DataBank’s lead investor Digital Colony.

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.

EdgePresence is currently deploying at over a dozen Vertical Bridge locations.

“EdgePresence has been establishing an important beachhead at the ‘far edge’ since 2018,” said Doug Recker, the company’s founder, and president.

“By joining forces with DataBank, we’ll act as a force multiplier for their edge data centre strategy, helping to bring data centres closer to the data pools being created by users, enabling next-generation, data-localization strategies and applications for 5G and IoT.”

EdgePresence will continue to be run by Recker and his existing team, and collaborate with DataBank’s leadership team to expand its modular data centre solutions, according to the company.

“I couldn’t be more pleased to welcome Doug and his team to the DataBank family,” said Kevin Ooley, DataBank President, and CFO. “And I look forward to leveraging their innovative capabilities to further advance our Data Center Evolved strategy.”

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