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Las Vegas Nevada based Switch is raising $35,000,000.00 in New Equity Investment.

Las Vegas Nevada based Switch is raising $35,000,000.00 in New Equity Investment.

December 27, 2021 Craig Etkin

Las Vegas, NV – According to filings with the U.S. Securities and Exchange Commission, Switch is raising $35,000,000.00 in new funding. Sources indicate as part of senior management President, Thomas Morton 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 Switch
Switch designs, builds and operates the highest-rated data center ecosystems in the world. Switch (NYSE: SWCH), the technology infrastructure corporation headquartered in Las Vegas, Nevada is built on the intelligent and sustainable growth of the internet. Switch founder and CEO Rob Roy has developed more than 500 issued and pending patent claims covering data center designs that have manifested into the companys world-renowned data centers. Switch offers the worlds only Tier 5 Platinum hyperscale data center ecosystems with its PRIME campuses located in Las Vegas and Tahoe Reno, Nevada; Grand Rapids, Michigan; and Atlanta, Georgia. The Switch PRIMES are the worlds highest-rated hyperscale data center campus ecosystems with low latency to major U.S. markets and are located in the most cost-effective area of each North American zone based on power, connectivity, taxes, cost of living and lower risk of natural disaster. Switch CONNECT is the worlds only hyperscale telecom auditing and purchasing cooperative. No single company in the world can negotiate using the volume and $6+ trillion market cap purchasing ecosystem like Switch, to enable the lowest pricing on connectivity in North America. Switch has more than 800 clients, including many of the worlds leading global enterprise and Fortune 100 corporations.

To learn more about Switch, visit http://www.switch.com/

Contact:
Thomas Morton, President
702-444-4111
tmorton@switch.com
https://www.linkedin.com/in/thomas-morton-2b335/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
4120, Las Vegas, Nevada, Switch, Venture Capital

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