DC BLOX, a leading provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, today announced that it has secured $187 million in long-term financing led by Post Road Group and Bain Capital Credit. Proceeds will be used to refinance DC BLOX’s existing credit facilities, add liquidity to DC BLOX’s balance sheet, and provide additional capital to fund continued investments in existing and new data center capacity.
https://www.martechcube.com/dc-blox-leading-data-center-operator-secures-187-million/
Cohesity, a leader in next-gen data management, today announced record-breaking fourth quarter and fiscal year 2021 results, ending on July 31, 2021.Fueled by strong demand for the company’s next-gen data management technology, Cohesity saw a large increase in the number of Fortune 500 companies embracing its technology.
Cohesity also delivered results that further emphasize the success of the company’s subscription-based software model.Cohesity’s next-gen approach to data management provides simplicity at scale, ransomware protection built on the principles of zero trust security, and AI-powered insights to make it even easier for companies to derive value from data.
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