Data center services company
Involta has received $50 million in equity financing. Established in 2007, the company specializes in operating multi-tenant data centers which offer cloud-related managed services. It owns eight data centers in the United States, with facilities in Arizona, Idaho, Iowa, Ohio, and Minnesota.
The funding was provided by M/C Partners, a private equity firm with offices in Boston and San Francisco, which specializes in investments in communications, media, and information technology companies. The company has invested over $1.5 billion in around 100 companies including Cavalier Telephone, Fusepoint, GTS Central Europe, ICG Communications, and Zayo Group. The other investors involved in financing Involta were Morgan Stanley Alternative Investment Partners.
Involta is to use the investment to acquire companies and support “rapid growth in offering colocation and managed services” throughout United States. Founded in 2007, the company owns and operates data center facilities across the United States. It has experienced growth through the launch of its Involta CompliantCloudSM services platform which facilitates infrastructure, storage, network and backup and recovery services.
“We are thrilled to be partnering with M/C Partners for the next chapter of our growth,” explained CEO of Involta, Bruce Lehrman. “They have a tremendous reputation in our industry and share our vision for continued expansion. We continue to be committed to our brand promise of Superior Facilities, Operational Excellence and People Who Deliver.”
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