A couple of funding moves, a cloud communications upgrade, and a new midwestern PoP:
STACK Infrastructure is making another balance sheet move. The data center infrastructure company has announced the issuance of $250M in notes at 5.9%. STACK is busy with buildouts in Phoenix, Portland, Columbus, Dallas, and Silicon Valley domestically, and Frankfurt, Osaka, and Toronto internationally. The company has now raised $2.3B via its master trust program.
Nile has raised $175M to power its Network-as-a-Service expansion plans. The enterprise network provider has been busy expanding beyond North America into EMEA and Asia, and the additional funding will go toward keeping that momentum rolling. The Series C investment Round was co-led by March Capital and Sanabil Investments, with strategic participation from solutions by stc, Prosperity7, and Liberty Global Ventures, and contribution from 8VC, Geodesic Capital, FirstU Capital, and Valor Equity Partners.
Alianza has lined up another regional service provider for its cloud communications platform. Bluepeak, which operates a fiber network in the Dakotas, Minnesota, Wyoming, and Oklahoma, will leverage Alianza’s platform to help shift away from the TDM and softswitch world into something more cloud-native.
And another regional provider has opened a point of presence in 1623 Farnam. Vyve Broadband has extended its reach into the Omaha datacenter’s connectivity ecosystem. Vyve has been busy building a fiber footprint to residential and business customers across a 16 state footprint via both organic and inorganic means. Earlier this year they landed three grants for rollouts in the Nebraska towns of Archer, Chapman, and Tarnov.
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