Tuesday Roundup: Fastly, Faction, CyrusOne, TelePacific, Southern Light

December 15th, 2015 by · Leave a Comment

Here's a quick roundup of some news spanning the internet infrastructure space:

The upstart CDN Fastly announced yesterday some expansion into the southern hemisphere. New PoPs have now been established in the Australian markets of Brisbane and Perth plus their first South American PoP in Sao Paolo. Their network map suggests the next expansions will be in the Middle East and Africa, finishing off a global push. Fastly says that after 4 years, its CDN traffic has ppassed the 1Tbps mark.

Faction has raised some new funding to help it keep its growth plans on track. Existing investors Meritage Funds and Sweetwater Capital have chipped in some more equity while Ares Capital is providing some debt financing for a total of $6M. Faction says it experienced 46% growth in 2015 and sees that continuing in 2016. They provide whitelabel cloud services to service providers of all types.

CyrusOne has opened the doors on its newest facility down in Texas.  This morning they commissioned their Austin III data center, starting out with 55,000 square feet of colo space and 3MW of power.  When fully built out, it will feature 120,000 square feet of colo space, 25,000 square feet of office space, and 18MW of power capacity.

TelePacific says it has reached a key new agreement with AT&T that will help it to further expand its reach. The two have signed an Ethernet-over-3rd-Party-Vendor agreement which will enable TelePacific to extend its Ethernet services to enterprises on the AT&T network. TelePacific has been pretty quiet lately, focusing on organic growth while staying below the M&A radar.

And last week down in the deep south I missed a fiber expansion announcement. Southern Light revealed a new 20 year contract with a big wireless carrier, which will see them build out backhaul to cell sites across their Gulf Coast footprint. They'll be both leveraging existing network and building out 790 miles of fiber to hook up some 446 locations. That should bring Southern Light up around 2,000 on-net towers and over 4,000 on-net buildings.

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Categories: CLEC · Content Distribution · Datacenter · Metro fiber

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