By Philbert Shih, Managing Director and Founder of Structure Research
Fresh off a round of funding, data center operator VPLS acquired Carrier-1’s data center in Dallas, Texas. VPLS, formerly known as Evocative Data Centers, had confirmed a $30m equity investment from existing investor Crestline Investors in April.
The Carrier-1 acquisition marks the fourth location for VPLS in the Dallas area. VPLS now has 16 data centers and provides colocation, connectivity and managed infrastructure services, mostly in US markets, but with an additional presence in Europe and APAC.
Back in 2019, VPLS raised $30m in equity and debt from Crestline in an earlier round. A $2.5m seed round in 2017 was provided by CEO Arman Khalili.
Carrier-1 is a single data center operation headed by president Julia Morgan. Industry veteran Peter Pathos, who was the founder and CEO of The Planet, is the CEO. The Planet was later acquired by GI Partners and merged with SoftLayer in 2010.
Carrier-1’s facility covers 106k gross sqft, 68,500 rack sq. ft and 5MW of power with the ability to access up to 10MW.
About the author
Phil Shih is Managing Director and Founder of Structure Research, an independent research firm focused on the cloud, hosting and data center infrastructure service provider markets.
Carrier-1 | equity investment | M&A | regional data center | Structure Research | VPLS