proximity data centres funding

2022.07.31
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proximity data centres funding

Our data centres are able to offer between 2MW and 5MW of IT load to address the needs of businesses requiring data distributed throughout the UK, in close proximity to the user Our facilities are ideally located: For Public Cloud Providers requiring multiple Edge sites to locate On Ramps and customer centric points of presence For Content Delivery Network Providers to enable you to provide local caching and avoid unnecessary transit costs For Financial Services we offer secure locations close to regional IT admin or ideally suited as regional DR locations For Industry we have a Data centre near your business enabling you to migrate to hybrid cloud solutions whilst maintaining a local presence For Regional Government and Education.

Adam Beech, Digital Staff Writer to data is essential in order to keep up with growing customer demands and to

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Singapore opens up applications for new data centre development as part of a regulated pilot phase program

(With Examples), American Tower Sells 29% Stake in CoreSite, Data Centers to Stonepeak, Azure ExpressRoute: Benefits, Pricing, Providers, Locations, Colocation: Definition, Meaning, Data Center, Services, Fiber Optic Network Construction: Process and Build Costs, Fiber to the Home (FTTH) vs FTTP, FTTN, FTTC, and FTTB, What is Backhaul? Proximity Data Centres is the UKs fastest growing regional edge CoLocation provider. The site comprises a large industrial unit that occupies a corner plot within South Marston Industrial Estate. tech.eu Podcast hosted byAndrii Degeleris a, , a regional edge colocation provider in the UK, has announced a new investment from ICG-Longbow, the real estate division of Intermediate Capital Group. Proximity Data Centres offers its customers low-latency, fast connectivity, and low transit costs through its network of UK edge data centers.

The leading data center transactional lease and purchase exchange platform. This funding commitment is supporting Proximitys 80m plan to roll-out 20 edge data centers in the UK. All material subject to strictly enforced copyright laws. Others are looking at colocation for the first time and want the convenience of a local and affordable high-calibre solution. At the end of last year, Proximity added three new edge data centres to its UK network, in Liverpool, Chester and Coventry, to join its existing sites in Nottingham, Wakefield and Bridgend.

The annual Infra/STRUCTURE Su, ESR closes inaugural data centre fund at over $1b; potential to take to $7.5b Additionally, the company notes that the Swindon facility, which it will rename Edge 7 Swindon, can scale to 14 megawatts of power capacity. Managing director John Hall said that the 63,055 sq ft facility will serve as an "ideal low latency communications hub for organisations such as hyperscalers, CDNs and gaming providers looking to bring data, services and content closer to users around the country". Therefore, businesses need to have access to their data as quickly and seamlessly as possible. This Week in European Tech: OneWeb and Eutelsat announce a $3.4 billion merger, Octopus closes $550 million round, and investors pour over 1.9 billion into the ecosystem, Britishvolt heats up the EV market with 100 million from UK government, Octopus Energy Group rakes in $550 million to enhance energy technology platform, Simplifying financial processes for SMEs, Vienna-based platform Helu picks up 9.8 million, Facilitating adoption of programmable photonic chips lands 3.7 million for iPronics, Monday 25 July - Contentsquare rounds $600 million, Casavo houses 400 million, and 1.9 billion was invested in European Tech last week, Monday 18 July - Klarna closes $800 million round, wefox adds $400 million to its warchest, and more than 2.3 billion was invested in European Tech last week, Monday 11 July - Northvolt nabs another billion, Deezer takes a dive, and more than 2.5 billion was invested in European Tech last week, H1 2022 in European Tech: Investments, exits, and more, tech.eu Podcast #162: Kirill Bigai of Preply that's just raised $10 million; Hjalmar Nordegren of Karma on fighting food waste amidst pandemic. Furthermore, Edge 7 Swindon will serve businesses along and near the M4 corridor, which stretches from London to South Wales.

Tech.eu Insights creates insight and guides strategies with its comprehensive content and reports. Because these centres are regional and located closer to where businesses operate, Proximity can reach 95 percent of the country with low latency and reduced transit costs.

Thanks to the new funding, eighteen data centres, also known as internet edge colocation facilities, will be set up around the UK. Citing increasing data requirements driven by Industry 4.0 and the internet of things, Proximity wants to establish a new network of regional data centres, which will help customers keep up to speed literally. Intelligent Data Centres is a technology intelligence platform aimed at the enterprise sector looking for updates and research driven data about Data Centres. Examine the effects of the latest technology with the Tech.eu lens, see the details and create powerful strategies. We enable you to make better use of your real estate. Get up to date news on data center growth, development activities and in depth review.

The company is planning to have 20 colocation sites across the UK within the next 12 to 18 months, with the company selecting data centres for their proximity to major conurbation areas. Proximity Data Centres Limited is the UKs fastest growing regional edge CoLocation provider.

American Tower Sells 29% Stake in CoreSite, Data Centers to Stonepeak for $2.5bn, Top 10 Cloud Service Providers Globally in 2022, Ontario Teachers Takes 70% Stake in Spark New Zealands Towers for $550m. Because these centres are regional and located closer to where businesses operate, Proximity can reach 95 percent of the country with low latency and reduced transit costs. Presently, the company operates 7 facilities in Nottingham, Wakefield, Bridgend, Chester, Liverpool, Rugby, and Swindon. mcdonald lanae lccc directory wy edu

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Menlo Media S.L. The full amount of the investment was not disclosed. Provider of data center services designed to support applications and services by reducing latency and IP transit costs. As part of Lynchpin Media, this digital medium gives unparalleled advice to the global community. Read mo, Want to make sure you're part of the conversation about the future of infrastructure? Businesses such as streaming providers, financial and government services require fast connectivity over vast areas. Take immediate action to access exclusive articles and reports. Browse popular Insights content. Proximity Data Centres network of edge facilities meets individual customer requirements, from specific regional data centre services through to multi-site rollouts, according to the company. TheProximitybusiness model combines observed trends in data decentralisation across the more mature US and Asian markets, with a clear vision for the future of data in the UK; providing a cycle independent, long-term business with robust fundamentals a key attractor to ICG.. T: 0161 907 9752

Take search a step further with seamless and smooth comparisons. Hall added: "Businesses and managed cloud providers within the Birmingham conurbation area will also benefit from the wide choice of connectivity available from both major carriers as well as local connectivity providers. - All rights reserved. Thales sells industrial IoT business to Telit of US, stc Bahrain to work with Huawei for 5.5G network, Electric power takes Inmarsats giant satellite to geostationary orbit, MetroFibre secures $300m to extend South African fibre network, Liberty and Telefonica-led JV secures 4.5bn investment, Nokia working with AST SpaceMobile in wholesale satellite cellular project, Windtre picks Ericsson's 5G core for standalone 5G network, Several investment firms eyeing Vnet deal. The company provides secure edge data center colocation through low latency, fast connectivity and low transit costs for data recovery, content delivery and helps migrate to hybrid cloud alternatives whilst maintaining a local presence, enabling users to access local caching and avoid unnecessary transit costs by improving the end-user experience. No facilities found. Save my name, email, and website in this browser for the next time I comment. Check your email for the facility brochure. For Gaming, latency is critical to your users. Through a network of 18 internet edge data centres Proximity will offer high quality low latency CoLocation services throughout the UK. By investing in a network of newInternetEdge data centres, we will empower our customers to keep up with these rising demands, equipping them with the tools they need to embrace changes in Industry 4.0 technology and thrive in todays digital-first era., Kevin Crowley, Managing Directorfrom ICG-Longbow,said:We are delighted to partner withProximityand further our track record in the data centre sector. The funding will fuel an 80 million rollout of new data centres across the region. Our high quality CoLocation facilities are located near your staff wherever you are in the UK. Proximity Data Centres Limited is a regional edge CoLocation provider. Thanks to the new funding, eighteen data centres, also known as internet edge colocation facilities, will be set up around the UK. Through a network of 20 internet edge data centres Proximity will offer high quality low latency CoLocation services throughout the UK. Got a property project youre particularly proud of and want to showcase and/or are you a property business with a lot to shout about? All rights reserved. View real time, in-depth market trends of 35+ global data center markets.

Follow the developments in the technology world. Proximity plans to add 1MW of additional IT load capacity to the facilitys existing 4MW supply, and the new hall is due for completion in Q3 this year. Data growth will precipitate growth for edge data centers in Caribbean, IDC says, Edge Impulse, Avassa named in 2022 Gartner Cool Vendor report for edge computing, The future is here and its distributed: What the metaverse is and why it needs edge computing, Network edge workload, traffic growth to impact on data center design. Would you like to write the first comment? Businesses such as streaming providers, financial and government services require fast connectivity over vast areas. For businesses such as content providers, All Rights Reserved. E: eventenquiry@newsco.com, This month, Simone Hindmarch of Commercial Group. Please try again in a few minutes, or contact support for assistance. 10 super promising Lisbon-based startups to watch in 2022, Is your startup interested in getting EU funding? ProximityData Centres Limited, one of the UKs fastest growing regional Edge colocation providers, has announced major new funding fromICG-Longbow, thereal estate division ofIntermediate Capital Group PLC. What would you like us to deliver to you? By using our services, you agree to our use of cookies. Mary has over 5 years of experience in research and writing for Data Centers.

Our data centres are able to offer between 2MW and 5MW of IT load to address the needs of businesses requiring data distributed throughout the UK, in close proximity to the user. This new fundingcommitmentwillsupportProximityin itsstrategic80 million rolloutofregionalEdgedata centresand will enableProximityto continueitsexpansion to offernational capabilityto helpcustomers keep pace with increasing datarequirementsdriven bythe Fourth Industrial Revolution and the Internet of Things (IoT). Proximity Data Centres, a regional edge colocation provider in the UK, has announced a new investment from ICG-Longbow, the real estate division of Intermediate Capital Group. T: 0121 214 6560 It means regional edge colo provider, Proximity Data Centres Limited, circuits from Proximity Edge 4 to data centre hubs in Manchester, Zayo increases fibre presence at Proximity's UK Edge Zayo completes Manchester dark fibre build. Proximity Data Centres has expanded with the opening of a new site in Birmingham. 63/66 Hatton Garden

Additionally, Edge 7 Swindon is positioned ~25 miles (40 kilometers) from the Harwell Science & Innovation Campus in Oxfordshire, England. Find data centers and deliver a more tailored marketing message. Become a data center market expert overnight. All along the cell tower: where to place edge and micro data centers. Sitemap | Terms & Conditions | Privacy Policy & Cookies. We use cookies to make your experience better. Get the data and trends that are shaping data center market growth. Get a clear view of the largest data center users. Proximity Edge 8 has capacity for up to 2,000 racks in three separate data halls. This website uses cookies to improve your experience. The company has given the go ahead for the multi-million pound construction of a new 5000 sqf data hall, which will take the Nottingham sites total net technical space to 33,000sqf across six halls. Try different search parameters. You have entered an incorrect email address! Santa Clara Marriott, CA: Sep 13 - Sep 15, 2022, SANTA CLARA MARRIOTT, CA: Sep 13 - Sep 14, 2022, Proximity Edge 7 edge data centers to support The GRID Factory AR/VR experiences, Zayo progresses on dark fiber network for Proximity Data Centres, Proximity Data Centres gets closer to expansion goals with latest data center acquisition, UK-based Proximity Data Centres adds connectivity services from edge to tier 1 data center, cloud providers, Proximity links NW England edge data center with Zayo, enables connectivity to Ireland, USA, UK edge colocation considerations: Taking a closer look at the local geography will pay dividends, Proximity expands capacity for UK regional edge datacenter network, Global investment firm EQT places bet on edge data centers with EdgeConneX buy, Real estate fund invests in edge data centers with Proximity deal, Five practical considerations for edge deployments, Industrial edge workloads to drive market growth through 2026, report from Stratus, Espalier says, Microsoft to help stabilise power grid in Dublin through battery sharing, One Stop Systems targets defense, transportation with new advisory board, VMware uses Rackspace for SASE security service, solving edge data center challenges, DataBank, Corsa Security automate cloud firewall security solution for simplified operations, Expanding your edge applications? Edge 7 Swindon sits ~75 miles (120 kilometers), west of London, positioning it along key fiber routes from London to Ireland. John Hall, Managing DirectorofProximityData Centres,said:In todays hyperconnected world, customersare demanding services faster than ever before. Whats the Difference Between 4G LTE and 5G? 2022. Proximity Data Centres opened its ninth edge data centre in the UK, located in Bristol to serve the local area as well as southwestern England and Wales. The full amount of the investment was not disclosed. Then why not enter Insiders West Midlands Property Awards. streaming providers, financial and local government services, fast connectivity Locate your data closer to the customer. To meet the rapidly expanding needforEdge colocationspace, the data centre service has been designed to offer simple colocation contracting for a range of clients, whether they usepublic cloud and CDNs, are looking for multi-site rollout, regional business, or are a government organisation requiring regular local access to critical IT infrastructure. Click here for a larger version of this image. For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 CDN Providers | Data Center Operators | System Integrators. Prior to Proximitys acquisition, the facility was occupied by consulting company, Capgemini, as its Merlin Swindon sustainable data center. All Rights Reserved -, Proximity Data Centres Acquires 7 MW Edge Facility in Swindon, UK, United States Carriers: Spectrum Holdings (2022), Geniuses of 5G: 10 Handpicked 5G Industry Experts, Future United States Spectrum for Commercial Use, Towers - Precedent M&A Transactions (2022), Data Centers - Precedent M&A Transactions (2022), Fiber - Precedent M&A Transactions (2022). Proximity Data Centres, a UK edge colocation data center operator backed by the real estate division of Intermediate Capital Group (ICG), today announced the acquisition of an 89.0k sqft data center, offering 7 megawatts / 2.0k racks of power capacity, located in Swindon, a town in southwest England.

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Do a, Danish agtech Agreena acquires Hummingbird Technologies to, London-based Altruistiq raises 17.6 million for its, Portuguese startup Spotlite secures 1.5 million for its, Washington or Remote, United States of America, Beyond the sun, sea, and palm trees: the French Riviera startup ecosystem. We use cookies to provide a personalized site experience. Insiders West Midlands Property Awards, Software firm acquired by PE-backed group, Global professional services firm to establish Midlands hub, Major investment heralds new chapter for event safety software firm, The Access Group snaps up software firm as Maven exits, Forests stadium regeneration plans advance, Revenue up but losses widen at Aston Martin, Birmingham 2022 a launchpad for the city, Proximity Data Centres to expand Nottingham facility.

Many are looking for additional scalable and low latency colocation capacity to better serve their local offices or customers in the Midlands region. Providing Unparalleled Technology Intelligence.

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Proximity Data Centres Edge 7 Swindon facility is located at 11C Broadmoor Road South, South Marston, Swindon. Consider how orchestration and monitoring help resilience, How edge computing will drive ITs next evolution. "Proximity Edge 8 will help them increase competitive advantage with low latency connections and high speed bandwidth to ensure their data and applications are always highly responsive to users.". Each data centre is developing renewable energy solutions, including battery storage, solar and wind power. Edge Uk Data Centres, Technical Real Estate Nottingham, Edge Uk (Leeds), Edge Uk Leeds, Edge Uk Operations, Proximity Data Centres (Leeds), Proximity Data Centres Leeds, To view Proximity Data Centress complete valuation and funding history, request access, To view Proximity Data Centress complete cap table history, request access, To view Proximity Data Centress complete executive team members history, request access, Youre viewing 4 of 5 board members.