# 365 Data Centers

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/365-data-centers

- Industry: Business Support Services
- Headquarters: Norwalk, US
- Website: www.365datacenters.com
- Total disclosed funding: $16M
- Latest round: Series B (Sep 10, 2014)
- Investors on record: 2

## About

365 Data Centers Inc. is a US-based provider of colocation services, network connectivity, cloud solutions, and managed services, ensuring secure infrastructure for businesses across various sectors.Founded in 2012 by Chris Dolan, 365 Data Centers Inc. specializes in colocation and managed services. The company is headquartered in Norwalk, US, and has been involved in 7 significant funding deals, with the latest being a Venture Debt round in October 2020, raising USD 55.00 mn from Fortress Investment Group. The total amount raised by the company stands at USD 16.00 mn.365 Data Centers specializes in providing comprehensive colocation services, network connectivity, cloud solutions, and managed services. The company's core offerings include secure colocation facilities that enable clients to house their servers in dedicated environments managed by experienced technical staff, ensuring high availability and reliability. With a focus on compliance, 365 Data Centers meets various data retention and security requirements, such as HIPAA, PCI DSS, SOC 2, SSAE 18, and ISAE 3404. The company's facilities are strategically located across 20 major U.S. markets, providing robust interconnectivity to over 275 carrier points of presence (POPs) and major Internet exchanges. The services are aimed primarily at businesses across various sectors, including technology, finance, and healthcare, seeking dependable infrastructure to support their IT operations.Revenue is generated primarily through service contracts that clients enter into for colocation, network services, and cloud solutions. Clients typically engage with 365 Data Centers through subscription-based agreements that ensure continuous service availability, backed by a 100% uptime Service Level Agreement (SLA) for power. Transactions are facilitated directly between the company and its business clients, which may include enterprises needing dedicated infrastructure and managed services. Pricing structures are designed to accommodate various needs, including customizable options for bandwidth and storage, alongside volume-based pricing for managed services. The company’s flagship offerings, such as their colocation services, are integral to its revenue generation model, leveraging the increasing demand for secure and scalable IT solutions in the marketplace.365 Data Centers is focusing on expanding its service portfolio and geographic reach. The company plans to introduce new products designed to enhance its cloud services. Additionally, it aims to expand into new markets, although specific targets have not been disclosed. The recent funding from the Venture Debt round in October 2020 will likely support these initiatives and assist in the company's strategic growth following the acquisition by Stonecourt Capital from Turning Rock Partners.

## Funding rounds

- Series B, Sep 10, 2014, $16M — Crosslink Capital, Housatonic Partners

## Investors

- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series B
- Housatonic Partners (https://capitalatlas.ai/funds/housatonic-partners) — Series B