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Colovore has filed a notice of an exempt offering of securities to raise $24,050,000.00 in New Equity Investment.

Colovore has filed a notice of an exempt offering of securities to raise $24,050,000.00 in New Equity Investment.

June 4, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Colovore is raising up to $24,050,000.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, Benjamin Coughlin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Colovore
Colovore is the Bay Areas leading provider of high-density, high-performance colocation solutions. With wall to wall power densities of 35 kW per rack, a pay-by-the-kW pricing model, and decades of managing data centers, we can optimize your I.T. footprint, reduce your costs, and ensure long-term scalability. We are located in Santa Clara. Typical use cases for our high-density colocation services include: > High Performance Computing (HPC) > Highly Virtualized Environments > Managed Hosting Providers / Open Stack > Video Encoding > Ad Serving > Big Data / Data Analytics / Hadoop > Content Distribution Networks (CDN) > SAAS Providers > Bitcoin Mining > Bioinformatics > Cloud based security Why Colovore? Because modern servers need modern colo!

To learn more about Colovore, visit http://www.colovore.com/

Contact:
Benjamin Coughlin, Chief Financial Officer
408-330-9290
https://www.linkedin.com/in/ben-coughlin-35167311/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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