ATLANTA — November 14, 2019 – DC BLOX, a multi-tenant data center provider delivering the infrastructure and connectivity essential to power today’s digital business, announced today that it has raised new debt capital from Deutsche Bank AG. DC BLOX will use the proceeds from the Deutsche Bank term loan to meet customer growth for its existing data centers and to expand business operations.
“We continue to experience high customer demand across our markets and this infusion of capital supports our ability to scale our business,” said Jeff Uphues, DC BLOX CEO. “Our strategy is working well, and we appreciate Deutsche Bank’s support in helping us to maintain our rapid growth.”
DC BLOX is experiencing strong demand for its multi-tenant, Tier 3 data centers in underserved cities across the Southeastern U.S. Enterprises, cloud providers, government entities, educational institutions, and service partners are facing infrastructure and connectivity decisions as part of the increased digitization of their organizations. Therefore, businesses seeking to add reliable data center space and power, address disaster recovery scenarios, connect to multiple cloud providers, and protect their valuable data are increasingly considering colocation data centers with rich connectivity as a strategic component of their future digital architecture.
“We are delighted to work with DC BLOX and to be a small part of their growth story,” said Fredric Rosenberg, Head of Deutsche Bank’s U.S. Credit Solutions and Direct Lending. “The vision and execution of Jeff and his team, coupled with the quality of their facilities and offerings, impressed us greatly. We look forward to their continued success.”
To learn more about DC BLOX, please visit www.www.dcblox.com.
About DC BLOX
DC BLOX is a digital infrastructure provider in the Southeast that delivers integrated data center and fiber network solutions at scale to enable hyperscalers, enterprises, communications providers, and technology companies to offer enhanced digital services to their customers and accelerate the region’s economic growth. DC BLOX’s data centers are located in Atlanta, GA; Birmingham, AL; Huntsville, AL; Chattanooga, TN; Greenville, SC, Myrtle Beach, SC, with several others in development. For more information, please visit www.dcblox.com, call +1.877.590.1684, and connect with DC BLOX on X, LinkedIn, Facebook and Instagram.
Media Contact:
iMiller Public Relations for DC BLOX
Tel: +1.866.307.2510
Email: pr@imillerpr.com
