365 Data Centers’ 2019 Year-in-Review: Network Expansion, New Service Offerings, Strategic Partnerships & Capital Growth

Dec 30, 2019

As 2019 comes to a close, we’re reflecting on a banner year at 365 Data Centers! From acquiring an 11th data center to expanding our services and partnerships to receiving significant capital funding, this year has brought incredible growth to our company. We can’t wait for what’s to come in 2020.

Network Expansion

nj-outside1-571x635.jpgThis year, we acquired our 11th data center - our highly connected facility in Bridgewater, New Jersey, which offers 2.3MW of capacity 40 miles from New York City, making it an ideal location for disaster recovery / business continuity. This highly-resilient data center is strategically located between 365’s Philadelphia and New York City facilities, and bolsters our company’s growing edge data center portfolio.

The New Jersey data center was quickly integrated, with resilient connectivity, into 365’s existing platform of 10 geographically diverse and interconnected data centers, 20 additional network PoPs, and cloud on-ramps. All in all, our data centers - in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York City and Tampa - are home to 150 carrier PoPs, nationwide connectivity, and IP transit.

New Service Offerings

Providing our clients with the very best hybrid data center solutions in the industry is our top priority, and in 2019 we added cyber security solutions to our comprehensive portfolio of colocation, cloud, network and managed services. 365 provides hands-on, end-to-end expertise to meet organizations’ cybersecurity needs, beginning with consultation and assessments and culminating with a fully managed cybersecurity solution, implemented and deployed at one or more of 365’s 11 U.S.-based facilities.

We also further expanded our service offerings to include a new Enterprise Managed Services solution. It provides enterprises with full-service, end-to-end data center technology procurement and management to help keep costs low and stable while easing the burden of managing data center assets.

New Partnerships

Our 365 Data Centers team is always looking for strategic partners to provide added value to our clients - and this year marked two such partnerships. With RecoveryPlanner, our clients now have access to award-winning Business Continuity Management tools, which complement 365’s existing business continuity suites, back-up and recovery solutions. Meanwhile, through a partnership with Megaport, we launched 365 Global Connect to offer our clients easy, on-demand and scalable access to leading public clouds, including Alibaba Cloud, AWS Google Cloud, IBM Cloud Azure, Nutanix Oracle, Salesforce and SAP.

Capital Investment

To position the company for further growth, 365 secured additional financing in Q1 by refinancing existing debt and arranging additional debt financing commitments, as well as receiving add-on equity funding commitments from current investors.

In addition, funding for the NYI-NJ acquisition came, in part, from a portion of significant equity investment made by Turning Rock Partners, 365’s newest equity partner. 365 welcomed Maggie Arvedlund, CEO of Turning Rock Partners, to the company’s Board of Directors, which includes representatives from Chirisa Investments, Lumerity Capital and Longboat Advisors.

Events

IMG959302.jpgWe also took part in our fair share of industry events in 2019, such as Metro Connect and Channel Partners (where you can find us again in 2020!). We were thrilled to attend and sponsor quite a few incredible partner events, including games, golf tournaments and other outings. 365’s CEO Bob DeSantis spoke on a panel during the DICE Local: New Jersey event - and the list goes on! We’re looking forward to maintaining our place in the event circuit next year.

Looking Toward the Future

Thank you to our valued clients and partners for making 2019 an unforgettable year. Stay tuned for more news and developments from 365 Data Centers in 2020!