Data Center News

Sophia Space Secures $3.5m for Orbital Data Centers

Seattle-based Sophia Space, an orbital computing venture, has raised $3.5 million in pre-seed funding led by Unlock Ventures with the participation of angel investors, to develop Edge compute solutions for orbit and what they call space-based data centers.“We are at the dawn of a new era where...

May 27, 2025

Seattle

Phaidra raises funds for data center cooling control system

Industrial AI company Phaidra has raised $12 million for its data center cooling control system from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...

July 05, 2024

Seattle

365 acquires Bridgewater New Jersey Data Center from NYI

365 Data Centers announced it has acquired NYI's facility in Bridgewater New Jersey, which is 365's eleventh data center in the US. 365 Data Centers is privately held and the transaction was funded by adding a new equity investor, Turning Rock Partners.Subsequently, NYI used the proceeds to fu...

September 11, 2019

New York Internet (NYI)

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