Arizona based i/o Data Centers, an integrated data center services company has raised $56 million in a round of funding. The round was led by Sterling Partners. According to company’s co‐founder and president, Anthony Wanger:
Our customers’ demand for 24/7/365 power is growing exponentially. The investment by Sterling provides i/o Data Centers with the capital to significantly expand our data center operations and meet this demand, even under the current difficult conditions in the credit and equity markets. We are profitable, growing, and well‐capitalized, which means that we will continue to be the leading provider of scalable IT infrastructure to our customers.
