Wednesday May 13, 2020 0 comments
DENVER -- EdgeMicro announced it received $5 million from DH Capital LLC to accelerate its data center expansion.
"We are pleased to support EdgeMicro as the company continues to bring crucial connectivity services through its micro data centers to underserved areas of the country," said Adam Lewis, DH Capital managing partner.
"With the nation's rising demand for bandwidth, we believe EdgeMicro's business model and expert team are well positioned to support the massive growth at the edge."
The investment will be used to launch several additional micro data centers, the company said. The new sites will be announced in the coming weeks, with the locations finalized via a collaborative effort between EdgeMicro and its expanding base of core clients.
The additional capital will also help create and deliver expanding solutions to simplify how organizations deploy successfully at the edge, EdgeMicro said.
"EdgeMicro continues to demonstrate its ability to scale with velocity," said Mike Hagan, EdgeMicro founder and CEO. "Our team remains highly focused to deliver colocation solutions with the speed, efficiency and reliability companies need to win at the edge."
In addition to securing funding, EdgeMicro also expanded its leadership team with Lauri Abrahamson, who moves from her consulting role, to join the company as director of business development and Christian Kersgard to expand the operations team as senior manager of service delivery.
The duo brings 40+ years of expertise in the telecom and data center industries respectively.
"Bringing in Lauri and Christian full-time is just as important as closing additional funding because it's people who build winning organizations,” said Greg Pettine, EVP of business development.
“Our team members are knowledgeable and competitive, and they possess the passion and sense of urgency it takes to lead.”