CoreXchange Secures Equity To Increase Dallas Data Center Footprint

March 24, 2011 by · Comments Off on CoreXchange Secures Equity To Increase Dallas Data Center Footprint 

Web Hosting BlogDallas, TX – CoreXchange, provider of the most comprehensive suite of data center and network-layer managed services, today announced it has received equity capital funding from ORIX Corporate Capital.  Red Barn Investments, an existing investor in CoreXchange, also provided additional funding alongside ORIX. CoreXchange will use the proceeds of the funding to expand its data center infrastructure and fuel continued growth of its expanding colocation service offerings. The terms of the financing have not been disclosed.

“ORIX coming on board as a new equity investor is compelling validation of the CoreXchange business model and the continued strong growth of our business,” said Peter Pathos, chairman of CoreXchange. “They bring a highly experienced team of investment professionals and significant access to a variety of capital solutions that will help us achieve even greater scale in our company’s growth.” Read more