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With a $30 million strategic investment from DataBank, startup EdgePresence becomes the latest edge computing player to kick its rollout into a higher gear. The deal enables DataBank to extend its edge network beyond its network of regional data centers, while providing EdgePresence with critical growth capital to build its micro-data centers.
DataBank’s investment highlights the emergence of the business edge, as stakeholders in distributed computing step up their investment and deploying real-world edge infrastructure. This trend has gained momentum in recent months, as growing customer interest begins to validate business models and shape partnerships that will be key in realizing the ambitions vision for edge computing.
EdgePresence builds modular data centers that can store IT equipment at the base of cell towers, enterprise campuses, or commercial real estate. These edge data centers will enable DataBank to colocate its customer workloads at the “far edge” to further reduce latency and improve application performance.
“EdgePresence has been establishing an important beachhead at the ‘far edge’ since 2018,” said Doug Recker, the founder, and president of EdgePresence. “By joining forces with DataBank, we’ll act as a force multiplier for their edge data center strategy, helping to bring data centers closer to the data pools being created by users, enabling next-generation, data-localization strategies and applications for 5G and IoT.”
Read the full interview on Data Center Frontier here.
