The geography of subsea cables is changing, and data center providers are responding with new facilities and partnerships. That trend was on display in announcements this week from DC BLOX, Flexential and Cologix.
Investors are increasingly funding data center growth in smaller cities like Chattanooga and Greenville as well as the huge cloud clusters in Northern Virginia. Regional developer DC BLOX has lined up $187 million from Bain Capital Credit and Post Road Group.
DC BLOX is among a group of data center startups looking to build smaller facilities in regional markets. The company has lined up $37 million to fund its next phase of growth.